Offer on Bears a big boost for Lewis.
Lewis Group shares climbed as much as 5 percent at one stage but closed at R66.45, 4.15 percent up on Friday following an announcement that the company was interested in buying Bears and some selected stores from the battling furniture retailer Ellerines.
Bears furniture stores, which have been trading in South Africa for more than 80 years, are a second brand to be sold off by Ellerines, which was put under business rescue due to the collapse of its parent company, African Bank Investment Limited (Abil). Another brand, Dial-A-Bed was bought by Coricraft last week.
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http://www.iol.co.za/business/news/offer-on-beares-a-big-boost-for-lewis-1.1774243#.VF8WMtq3a10
Do you have accounts with furniture retailers like BEARS, Ellerines, Geen & Richards and Furniture City ?
As part of the Abil (African Bank) group Ellerines have applied for business rescue.
HOW DO YOU NOW DEAL WITH YOUR ACCOUNTS?
Contact me for a discreet free assessment.
Eugene Prinsloo
Partner
Meecham, Prinsloo & Associates
Eugene@nodebt.co.za
EUGENE PRINSLOO
Partner
Meecham, Prinsloo & Associates
Paralegal Practitioners
Located on the South Coast, KZN
We offer professional assistance nationwide through a panel of expert service providers.
Call/SMS/Whats App 0813166983
BBM 288A44F5
BBM Channel PIN C00493F66
Email eugene@skuld.co.za
Fax 0867644392
Blog www.insolvencysa.blogspot.com
Websites:
www.skuld.co.za
www.nodebt.co.za
www.secondbonds.co.za
(Under Construction)
I am able to consult on the following matters:
GETTING RID OF DEBT
1) Insolvency applications.
2) Debt assessments.
3) Debt Review/Debt Counselling.
4) Debt Mediation in terms of the National Credit Act.
5) Removal of debt review, administration orders, and salary attachments/garnishee orders.
6) Credit profile clearance.
7) Any matter related to debt or debt collection where you feel you are being harassed or treated unfairly.
8) Tenant rights and eviction advice.
RENTAL MEDIATION
1) Landlord / Tenant Disputes
2) Blacklisting of bad payers
3) Credit Checks
4) Drafting of Agreements
5) Advice
ASSET PROTECTION
1) Trust registrations.
2) Business registrations.
ACQUIRING DEBT
1) Debt consolidation.
2) Buying a property, getting a home loan.
3) Second bonds.
4) Alternative property finance.
5) Advice on secured and unsecured debts. Short term loans.
6) Buying and financing a vehicle.
COLLECTING DEBT
When you are owed money, whether you are a person or business.
1) Debt collection for individuals.
2) Debt collection for business or Commercial debt collection.
3) Black listing or Default listing of debtors.
4) Debtors management.
5) Credit policy audits.
6) Debtor tracing.
CRIMINAL RECORDS
1) Verification of criminal records for employment or private use.
2) Removal of criminal records.
Disclaimer: Meecham & Prinsloo
Paralegal Practitioners cannot be held liable for any investment/legal decisions made based on the adv
