Ellies Holdings

[1] He initially operated from his garage and sold aerials from the boot of his car.

[2] It was listed on the Main Board of the JSE, in the Electronic and Electrical Equipment Sector.

[citation needed] Through Megatron Federal, Ellies was involved in power infrastructure (generation, transmission and distribution).

At the end of January 2024, the more than four-decade-old electronics group said it intended to enter business rescue amid the collapse of a crucial acquisition.

[2] The business rescue practitioner later clarified that the company's main operating subsidiary, Ellies Electronics, will continue to trade, as was on track to publish a proposed business rescue plan by 10 May 2024.