Flight Training College of Africa, Grand Central Airport, Midrand, Johannesburg.
Sounds like you got sent an old brochure; strange sending out brochures under the name of a defunct company. Perhaps you got it from the UK agent, rather than the company itself, and he is using up old stock?
Perhaps some of the people who lost money with the old company would like to tell their stories? First hand accounts of the sad situation would be better than second hand.
I repeat, caveat emptor!