South African construction firm Aveng on Tuesday said its chief executive, Kobus Verster, will resign with immediate effect after it reported a wider full-year loss.
“Eric Diack, current executive chairperson, will assume the duties of CEO until such time as a new CEO has been appointed,” the firm said in a statement.
The company said headline loss per share for the year to the end of June fell to 1 625c a share compared with a loss per share of 75.2c at June 2016.
