BRPs to meet with Optimum, Koornfontein creditors to vote on proposed business rescue plans

The joint business rescue practitioners (BRPs) of Optimum Coal Mine (OCM) and Koornfontein Mines (KFT) expect to convene meetings with creditors within the next few weeks to vote on the proposed business rescue plans for the mines. The meetings will take place once the BRPs have resolved State-owned entity Eskom’s queries surrounding the published plans.