Liquidators of the collapsed ARM Cement Plc have written off the firm’s mining investment in South Africa over a legal dispute with the minority shareholders, effectively extending the creditors’ losses to $99.31 million, equivalent to 65.65 percent of total claims.

For more information, please see https://www.theeastafrican.co.ke/tea/business/arm-writes-off-south-africa-mining-investment-4118476