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2014  // Posts published in 2014

19 Nov 2014 SENS Announcements

MONTAUK HOLDINGS LIMITED – PRE-LISTING STATEMENT

Click here to download the announcement

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19 Nov 2014 Uncategorized

HCI APPLIES FOR MONTAUK’S SEPARATE LISTING ON JSE

Hosken Consolidated Investments (HCI), an investment holding firm listed on the JSE, on Wednesday said it had made an application for the separate listing of Montauk Holdings on the JSE. HCI, which recently experienced a boardroom brawl which forced executive chairman, Marcel Golding, to resign, on Tuesday also said it will unbundle all of the […]

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19 Nov 2014 General

THE BIG CAPE TOWN DIVORCE

After taking nearly twenty years to build a well-fortified investment empire, it took less than two weeks for one of the most lucrative investment partnerships in SA’s corporate history to fall apart in the most shambolic of fashions. Last month Marcel Golding resigned his various posts in Cape Town-based Hosken Consolidated Investments (HCI) after falling […]

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19 Nov 2014 SENS Announcements

DECLARATION AND FINALISATION ANNOUNCEMENT RELATING TO THE PROPOSED

1.   Introduction HCI shareholders are referred to the announcement released on SENS on 24 March 2014, which  confirmed the intention of HCI’s board of directors (“Board”) to proceed with the separate listing of the shares in Montauk Holdings and the subsequent unbundling of HCI’s shares in Montauk to HCI ordinary shareholders (“the Unbundling”). The Board has therefore […]

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18 Nov 2014 KWV Holdings

KWV DITCHES SULPHUR FOR ROOIBOS

South African producer KWV has launched a ‘natural’ Pinotage using Rooibos and Honeybush wood in place of the wine industry’s standard preservative: sulphur dioxide. Called Earth’s Essence, the new brand boasts no added sulphur, but uses a patented process which sees the wine exposed to the wood of the Cape’s native Rooibos and Honeybush plants […]

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17 Nov 2014 Media & Broadcasting

HCI MOVES AHEAD WITH MEDIA-FOCUS PLANS

Seardel to unbundle non-media interests. With the much-publicised boardroom battle involving Hosken Consolidated Investments (HCI) co-founders John Copelyn and Marcel Golding now history, HCI is moving ahead with its plans to turn its subsidiary Seardel into a fully focused media investment company. Seardel, once better known as a textile and clothing manufacturer, plans to unbundle […]

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17 Nov 2014 General

HCI MOVES AHEAD WITH MEDIA-FOCUS PLANS

eardel to unbundle non-media interests. With the much-publicised boardroom battle involving Hosken Consolidated Investments (HCI) co-founders John Copelyn and Marcel Golding now history, HCI is moving ahead with its plans to turn its subsidiary Seardel into a fully focused media investment company. Seardel, once better known as a textile and clothing manufacturer, plans to unbundle […]

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17 Nov 2014 SENS Announcements

TRADING STATEMENT

In terms of section 3.4 (b) 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. Shareholders are hereby advised that a […]

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13 Nov 2014 General

SOUTH AFRICA; MINISTER OF ECONOMIC DEVELOPMENT, MR EBRAHIM PATEL

Statement on media reports This week we begin a series on Editorial Independence. It has been sparked by the eTV saga, starring Marcel Golding as our newfound ‘champion’ of media freedom. The Minister’s statement is run here to provide context for the analysis by Zubeida Jaffer and a scathing column by Professor Patrick Bond of […]

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THE DAY MARCEL GOLDING SPUN FOR ZUMA

A tame documentary on Jacob Zuma goes against ousted e.tv chief executive Marcel Golding’s supposed stand against editorial interference from govt. In late April, just ahead of the 2014 general elections, an urgent directive was given to Sabido Productions, an award-winning documentary outfit based in Cape Town and staffed by veteran broadcast journalists. They were […]

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