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A new court date will be set in October for Garth Coetser to answer charges of VAT fraud.
Garth Coetser has been accused of defrauding the South African Revenue Service.
The two subsidiaries were allegedly used in a bid to defraud the taxman of over R20 million.
Garth Coetser could spend at least 15 years behind bars if convicted of tax fraud.
Garth Coetser will find out later this month whether the state will prosecute him on charges of VAT fraud.
The company's holdings in subsidiary firms will be sold off as the liquidator wraps up the group.
The company's holdings in its subsidiaries could be sold off after a provisional liquidation order is made final later this month.
Creditors now have two months in which to oppose the order before it is made final.
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Following protracted legal proceedings, Garth Coetser, Anton Meyer and Clifford Stevens have finally been sentenced.
Garth Coetser and his two accomplices are found guilty of defrauding SARS in a fraudulent VAT scheme.
Garth Coetser's tax fraud trial should finally start in the next two to four weeks.