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कोशिश गोल्ड - मुक्त

Ayo Suspended From JSE Over Report

The Citizen

|

February 28, 2025

The JSE suspended trading in Ayo Technology Solutions on Wednesday for failing to publish its annual report for the year to August 2024.

- Ciaran Ryan

This is the latest blow to the tech firm, which is part of Iqbal Surve's Sekunjalo group, majority owner of Independent Media and African Equity Empowerment Investments.

The company's shares have dropped to 40c, down 99% from the peak of R45 in 2017.

"We regret to inform stakeholders of our suspension, but wish to assure the market that we remain committed to transparency and engagement with all our stakeholders, including the regulator and our valued shareholders," said Ayo CEO Amit Makan.

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