Ramatex

Ramatex property still under litigation

Ramatex property still under litigation

Helena Johannes After 12 years since the closure of Ramatex Textile Namibia by the Malaysian Ramatex Textile and Garment Factory, the property is still under legal dispute, City of Windhoek Property Manager Sheridan Simpson has revealed. “The sale of Ramatex is still pending before Court,” she said. The liquidators of Ramatex Textile Namibia and the Municipal Council of Windhoek have been involved in litigation since 2009 after the company was placed under provisional liquidation on 8 May 2008, and the newly appointed liquidators informed the City of Windhoek the next day that they elected to continue with the lease although…
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