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2001  // Posts published in 2001

24 Dec 2001 SENS Announcements

CAUTIONARY ANNOUNCEMENT

Shareholders are advised that HCI is involved in negotiations which, if successfully concluded, may have an effect on the price at which its shares trade on the JSE Securities Exchange South Africa. Accordingly, shareholders are advised to exercise caution when dealing in their HCI shares until a further announcement is made. Source: HCI

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18 Dec 2001 Historic Investments

METTLE’S DELISTING NOW HANGS IN THE BALANCE

Cape Town – The delisting of niche financial services company Mettle hangs in the air following a shareholders’ meeting on Friday, with the ball now in the court of the JSE Securities Exchange. Mettle shareholders voted in favour of the delisting but did not pass a special resolution for Mettle to buy back its shares […]

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13 Dec 2001 General

ATTRIBUTABLE LOSS AT HCI IS SLICED DOWN TO R28M

Cape Town – Listed empowerment firm Hosken Consolidated Investments (HCI), which has a 40,8 percent stake in niche financial services group Mettle and a 5 percent interest in Vodacom, posted improved half-year results yesterday, halving the attributable loss to shareholders. HCI, which invests in sectors including media, cellular communications and financial services, said it would […]

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12 Dec 2001 SENS Announcements

GROUP INTERIM REPORT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2001

For full unaudited results of the group please look under the Financial Section of our website, only the commentary is attached. COMMENTARY EVENTS AND DEVELOPMENTS Vodacom Group (Pty) Ltd The group’s 5% interest in unlisted Vodacom Group (Pty) Ltd (“Vodacom”) remained unchanged during the period under review. Vodacom continued its exceptional performance during the period […]

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11 Dec 2001 Historic Investments

HOT WEEK AHEAD FOR METTLE MANAGEMENT

Cape Town – The Mettle delisting saga unfolded further yesterday when Investec Asset Management, one of the institutional shareholders that is actively opposing the delisting, said it would turn up the heat on Mettle’s management this week. This comes ahead of a meeting on Friday when shareholders will vote on whether the specialist financial services […]

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SABIDO TO AMPLIFY E-TV STAKE

Johannesburg – Sabido Investments, the controlling shareholder of Midi Television, was on the verge of buying US-based Warner Brothers’ 12 percent stake in Midi, the holding company of free-to-air station e-tv, Sabido said yesterday. Marcel Golding, acting chief executive of e-tv, confirmed the move to acquire the stake but said there was no agreement signed […]

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30 Nov 2001 Media & Broadcasting

VENFIN AND E-TV

For those interested in keeping tabs on the financial fortunes of e.tv, Venfin is a gem as it usually gives a look into how the free-to-air television station is performing. Unfortunately, you cannot rely on Hosken Consolidated Investments (HCI), which has a 50 percent stake in the station, as it provides no breakdown of e.tv’s […]

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30 Nov 2001 Media & Broadcasting

VENFIN AND E-TV

For those interested in keeping tabs on the financial fortunes of e.tv, Venfin is a gem as it usually gives a look into how the free-to-air television station is performing. Unfortunately, you cannot rely on Hosken Consolidated Investments (HCI), which has a 50 percent stake in the station, as it provides no breakdown of e.tv’s […]

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23 Nov 2001 Media & Broadcasting

THREE BLIND MICE’S ADVERTISING VISION

They ‘re building a digital satellite media distribution business where others fear to tread. THOUGH the invitation to tender for the second national telecommunications operator may be issued before year-end, there’s no clear end in sight for the telecoms regulatory quagmire that has persisted in SA since liberation was first mentioned Despite this there are […]

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18 Nov 2001 Media & Broadcasting

R7 -M BOOST FOR MEDIA COMPANY

Johannesburg Stock Exchange Securities-listed Hosken Consolidated Investments (HCI) has injected R7 million into media company Three Blind Mice (tbm), increasing its stake from 51 to 68,2 percent. The major shareholders and beneficiaries in HCI are the National Union of Mineworkers (Num) and the South African Clothing and Textile Workers Union (Sactwu). tbm is 68.2 percent […]

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