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2009  // Posts published in 2009

e.tv SHOWS SABC HOW ITS DONE

Television broadcaster e-tv played a starring role for empowerment group Hosken Consolidated Investments in the six months to end-September 2009. Results released on Friday showed that HCI’s media unit – which mainly comprises e-tv – managed a 19% hike in operating profits to R331m, even though revenue only grew 2.7% to R766m. The performance from […]

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PUSHING ‘e’ INTO AFRICA

‘A LISTING NOW THAT TWO MORE SUBSCRIBER CHANNELS AR LAUNCHED?’ HOSKEN Consolidated Investments (HCI) won’t be rushing, into new media investments. However, the empowerment group looks determined to build a sizeable subscriber platform for e.tv. While initially launched as free-to-air television broadcaster, e.tv recently branched into subscription television (partnering Naspers-controlled DStv) with the launch of […]

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5 Nov 2009 General

BULLET-PROOF AGAIN

HOSKEN Consolidated Investments CEO Johnny Copelyn admitted to shareholders at an AGM last week he was anxious about the levels of debt in the empowerment conglomerate. HCI’s annual report shows the current portion of borrowings at R1,45bn, with a further R345m listed under overdrafts Cash holdings were reflected as R895m With more than Ribnof debt […]

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3 Nov 2009 SENS Announcements

TRADING STATEMENT

In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement as soon as they are reasonably certain that the financial results for the current reporting period will be more than 20% different than that of the previous corresponding period. HCI`s shareholders are informed that it is expected that HCI`s […]

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1 Nov 2009 Transport

SUBSIDY WORRIES (AGAIN) FOR GOLDEN ARROW

Cape-based empowerment company Hosken Consolidated Investments (HCI) thinks government could he heading down “a path obliging the curtailment of bus services nationally”. HCI, which owns Golden Arrow Bus Services. says this is an issue that this is an issue that is completely destabilising the bus induustry – something that is likely to cause significant retrenchments, […]

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29 Oct 2009 Clothing and Textiles

HCI WILL HOLD 70% OF SEARDEL AFTER ITS R300m RIGHTS OFFER

HCI will hold 70% of Seardel after its R300m rights offer SEARDEL says it has concluded its R300m rights offer, effectively giving Hosken Consolidated Investments (HCI) control of the apparel and textile maker. HCI will take up 497,6-million of the remaining rights otter shares. Shareholders applied for 115,4- million new Seardel ordinary shares. This will […]

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26 Oct 2009 SENS Announcements

REPORT OF ANNUAL GENERAL MEETING

Shareholders are advised that all resolutions were passed by the requisite majority of shareholders at the annual general meeting held today, 26 October 2009. The special resolution will be lodged with CIPRO for registration, in due course.

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26 Oct 2009 SENS Announcements

REPORT OF ANNUAL GENERAL MEETING

Shareholders are advised that all resolutions were passed by the requisite majority of shareholders at the annual general meeting held today, 26 October 2009. The special resolution will be lodged with CIPRO for registration, in due course.

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12 Oct 2009 SENS Announcements

FULFILLMENT OF CONDITION PRECEDENT

Fulfilment of conditions precedent relating to the transaction between Johnnic Holdings Limited and Tsogo Sun Gaming (Proprietary) Limited pursuant to which the HCI group decreases its indirect interest in Tsogo Sun Kwa Zulu Natal (Proprietary) Limited. Shareholders are referred to the announcement made on 2 July 2009, that Johnnic Holdings Limited, a wholly owned subsidiary […]

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e.tv WIL TV-KANAAL VIR AFRIKA-NUUS BEGIN

e.tv beplan ‘n nuwe kontinentale nuusdiens vir Afrika deur nog “n aparle nuwe TV-nuuskanaal wat as eNews Africa bekend sal staan, te skep. Die Burger het betroubaar verneem dat die uitsaaier besig is met planne vir nog ‘n nuwe TV-nuuskanaal wat spesifieke nuusburo’s oor die vasteland heen sal insluit. e.tv se planne vir eNews Africa […]

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