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1999  // Posts published in 1999

MIDI TV AGREES ON NEW STRUCTURE

Johannesburg – Shareholders of embattled Midi TV, the owners of free-to-air television station e-tv, said yesterday they had “reached a common understanding” on the restructuring of the group`s shareholding structure. Consensus, primarily reached by Hosken Consolidated Investments (HCI) and Vula Communications, the two main local shareholders in Midi, came prior to the Independent Broadcasting Authority`s […]

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30 Sep 1999 General

HCI’S STRATEGIC PLANNING PAYS OFF

Buying assets at the right time and targeting closely related industries are part of the blueprint for success: WHEN the Mineworkers’ Investment Company (MIC) and Sactwu Investment Group (SIG) acquired Hosken Consolidated Investments in January 1997, the deal was struck at around R2.50 a share. In two-and-a-half years, just prior to HCI’s partial unbundling in […]

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IGI

Empowerment company HOSKEN CONSOLIDATED INVESTMENTS could resuscitate once core operating subsidiary, IGI, currently a cash shell on the JSE where it has lain dormant for six years. Head of registration and policy at the Financial Services Board, Deon van Staden, says shareholders in IGI could apply to lift the six-year suspension on the share if […]

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31 Aug 1999 Historic Investments

IGI NAME COULD RISE FROM ASHES

Cape Town – Hosken Consolidated Investments (HCI), the empowerment company, could wake IGI Insurance, once a core operating subsidiary, from a six-year slumber on the JSE after last week`s high court ruling setting aside a long-standing curatorship at the defunct short-term insurer. Deon van Staden, the head of registration and policy at the Financial Services […]

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10 Aug 1999 Historic Investments

METTLE LOOKS FORWARD TO ‘OUTSTANDING RESULTS’

Cape Town – After increasing its earnings by 77 percent to R83,3 million in the year to March, Mettle, the independent merchant bank which lists later this year, is expecting “outstanding results” in the year to March 2000, John Copelyn, the chairman, said in his annual review. Copelyn said he expected much from recent reforms, […]

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10 Aug 1999 Historic Investments

METTLE VAAR GOED

Mettle die onafhanklike aksepbank wat later vanjaar wil noteer, sy verwag “uitstekende resultate” vir die boek jaar tot einde Maart aanstaande jaar. Mnr. John Copelyn voorsitter van die groep sen die groep se jongste jaarverslag dat onlangse hervormings, wat die bestuur se verkryging van beheer oor die groep en die bemagtigings groep HCI se verkryging […]

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10 Aug 1999 Historic Investments

METTLE LOOKS FORWARD TO ‘OUTSTANDING RESULTS’

Cape Town – After increasing its earnings by 77 percent to R83,3 million in the year to March, Mettle, the independent merchant bank which lists later this year, is expecting “outstanding results” in the year to March 2000, John Copelyn, the chairman, said in his annual review. Copelyn said he expected much from recent reforms, […]

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10 Aug 1999 Historic Investments

METTLE VAAR GOED

Mettle die onafhanklike aksepbank wat later vanjaar wil noteer, sy verwag “uitstekende resultate” vir die boek jaar tot einde Maart aanstaande jaar. Mnr. John Copelyn voorsitter van die groep sen die groep se jongste jaarverslag dat onlangse hervormings, wat die bestuur se verkryging van beheer oor die groep en die bemagtigings groep HCI se verkryging […]

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29 Jul 1999 SENS Announcements

APPROVAL OF UNBUNDLING BY SHAREHOLDERS

RESULTS OF GENERAL MEETING AND REMINDER OF LAST DATE TO REGISTER METTLE LIMITED IS AUTHORISED TO ANNOUNCE THAT, AT THE GENERAL MEETING OF THE SHAREHOLDERS OF THE COMPANY HELD ON WEDNESDAY, 28 JULY 1999, THE NECESSARY RESOLUTIONS TO GIVE EFFECT TO THE FOLLOWING WERE PASSED: 1. THE UNBUNDLING BY HCI OF ITS EFFECTIVE INTERESTS IN […]

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12 Jul 1999 General

LISENSIEHOUER VAN SA SE LOTERY BINNEKORT BEKEND

Kaapstad. Die naam van die swart bemagtigingsgroep wat die lisensie gaan kry om Suid-Afrika se eerste nasionale lotery te bedryf, gaan binnekort aangekondig word. Die aankondiging sal gedoen word deur mnr. Alec Erwin, Minister van Handel en Nywerheid. Die lotery sal teen die einde van vanjaar in bedryf wees. Die lotery, wat na verwagting een […]

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