Ellies says reports of its death are greatly exaggerated.
Ellies business rescue practitioner John Evans has clarified that the company’s main operating subsidiary, Ellies Electronics, will continue to trade.“ Ellies Holdings Limited is the JSE-listed holding company of the Ellies Group of operating entities,” he saidEvans is the business rescue practitioner for both entities.
“The retail distribution business will continue to supply its customers, the trade counters will remain open for business, the commercial projects division will continue to install and commission projects that are underway, and the satellite installations and solar power divisions will continue to install systems for its customers,” said Ellies Electronics CEO Shaun Prithivirajh .He is hopeful that the sale of these viable operations will be concluded in the coming weeks.
Ellies Electronics Headline John Evans Shaun Prithivirajh Business
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