SA Roadlink faces liquidation

http://mybroadband.co.za/vb/attachme...8&d=1368774502

The bus company, SA Roadlink, faces liquidation if it does not repay a multi-million rand FirstRand Bank loan, The New Age reported on Friday.

The company owed the bank R6 million and could be liquidated by Tuesday, the newspaper reported.

The bank had reportedly applied for a liquidation order in the High Court in Johannesburg, claiming the bus company was in a "dire financial position and unable to pay its debts".

According...read more here: SA Roadlink faces liquidation