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1998  // Posts published in 1998

26 Jun 1998 SENS Announcements

PRELIMINARY REPORT TO SHAREHOLDERS

PRELIMINARY REPORT TO SHAREHOLDERS FOR THE YEAR ENDED 31 MARCH 1998 INCREASE IN NET ASSET VALUE 114% THE FOLLOWING ARE THE AUDITED RESULTS OF THE GROUP FOR THE YEAR ENDED 31 MARCH 1998 TOGETHER WITH THE COMPARATIVE FIGURES: SUMMARISED GROUP INCOME STATEMENT YEAR ENDED 31 MARCH 1998 1997 R’000 R’000 OPERATING INCOME (LOSS) 2 935 […]

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18 Jun 1998 Historic Investments

STRANGE BEDFELLOWS NO LONGER

As little as 10 years ago, the notion of an Afrikaans bank climbing into bed with a black trade union would have met with self-righteous howls of outraged indignation. Yet today it causes scarcely a blush that Hosken Consolidated Investments (HCI) – jointly controlled by the allied investment arms of the National Union of Mineworkers […]

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1 Jun 1998 General

ACQUISITIONS HELP HCI RAISE ATTRIBUTABLE EARNINGS TO R30M

Hosken Consolidated Investments (HCI) lifted its attributable earnings to R30,1m from R28,9m for the year ending March on the back of acquisitions made during the review period. The group – which bought into Datatec, Softline, Unibank, Midi-TV and Everest Systems Solutions during the review period – increased its net asset value a share to 310c […]

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27 May 1998 Historic Investments

SWART GROEP VERKRY BFS BELANG

KAAPSTAD. – Die swart-bemagtigingsgroep Hosken Consolidated Investment gaan ‘n belang van 30% in BFS Capital vir R74miljoen koop. Die ooreenkoms tree op 15 Junie in werking. Die NBS Boland groep, wat nou deel is van die BOE groep, het voorheen ‘n belang van 49,7% in BFS Capital besit. BFS Capital beplan om aanstaande jaar op […]

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27 May 1998 Historic Investments

SWART GROEP VERKRY BFS BELANG

KAAPSTAD. – Die swart-bemagtigingsgroep Hosken Consolidated Investment gaan ‘n belang van 30% in BFS Capital vir R74miljoen koop. Die ooreenkoms tree op 15 Junie in werking. Die NBS Boland groep, wat nou deel is van die BOE groep, het voorheen ‘n belang van 49,7% in BFS Capital besit. BFS Capital beplan om aanstaande jaar op […]

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26 May 1998 SENS Announcements

HCI BUYS 30% OF BFS CAPITAL FOR R74 MILLION

BFS CAPITAL LIMITED ANNOUNCED TODAY THAT HOSKEN CONSOLIDATED INVESTMENTS LIMITED (HCI) WILL ACQUIRE A 30% INTEREST IN BFS CAPITAL LIMITED FOR APPROXIMATELY R74 MILLION WITH EFFECT FROM JUNE 15, 1998. HCI, A LISTED INVESTMENT HOLDING COMPANY, IS CONTROLLED BY THE INVESTMENT TRUSTS OF THE NATIONAL ONION OF MINEWORKERS AND THE SOUTH AFRICAN CLOTHING AND TEXTILE […]

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26 May 1998 SENS Announcements

ACQUISITION OF STRATEGIC INTEREST IN BFS CAPITAL BY HCI

BFS CAPITAL IS PLEASED TO ANNOUNCE A SHARE ISSUE IN THE AMOUNT OF R95 MILLION, WHICH SHARES WILL BE SUBSCRIBED FOR BY HCI AND THE EXECUTIVE MANAGEMENT OF BFS CAPITAL, WITH EFFECT FROM APRIL 1, 1998. THE CAPITAL BASE WILL, AS A RESULT OF THE SHARE ISSUE, INCREASE TO R120 MILLION. HCI WILL OBTAIN AN […]

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22 May 1998 Historic Investments

CAUTIONARY ANNOUNCEMENT – UNIBANK

Super Group, Hosken Consolidated Investments Limited and Capital Alliance Holdings Limited has issued a further cautionary announcement, advising shareholders that they are currently conducting negotiations regarding the merging of their respective interests in Unibank Group Limited and Capital Alliance Life Limited. Shareholders are advised to continue to exercise caution in their share dealings until a […]

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22 May 1998 SENS Announcements

FURTHER CAUTIONARY ANNOUNCEMENT

Further to the cautionary announcements placed by SG and HCI in the press on 13 and 21 May 1998, and the cautionary announcements placed by CAH on 12 and 21 May 1998, BFS Capital Limited and Capital Alliance Bank Limited are authorised to announce that the parties are currently conducting negotiations regarding the merging of […]

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22 May 1998 General

CAUTIONARY ANNOUNCEMENT – UNIBANK

Super Group, Hosken Consolidated Investments Limited and Capital Alliance Holdings Limited has issued a further cautionary announcement, advising shareholders that they are currently conducting negotiations regarding the merging of their respective interests in Unibank Group Limited and Capital Alliance Life Limited. Shareholders are advised to continue to exercise caution in their share dealings until a […]

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