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AECI Ltd (AFEJ.J)

AFEJ.J on Johannesburg Stock Exchange

11,135.00ZAc
23 May 2018
Change (% chg)

-211.00 (-1.86%)
Prev Close
11,346.00
Open
11,250.00
Day's High
11,335.00
Day's Low
11,112.00
Volume
66,118
Avg. Vol
205,417
52-wk High
12,100.00
52-wk Low
5,005.00

Latest Key Developments (Source: Significant Developments)

AECI Says KPMG Will Not Be Considered For External Auditor Reappointment In FY 2018
Monday, 4 Dec 2017 

Dec 4 (Reuters) - AECI Ltd ::AECI LTD - CURRENT EXTERNAL AUDITOR, KPMG, WILL NOT BE CONSIDERED FOR REAPPOINTMENT FOR 2018 FINANCIAL YEAR.AECI LTD - A NEW EXTERNAL AUDITOR WILL BE APPOINTED AND ANNOUNCED BY NO LATER THAN 31 MARCH 2018.AECI LTD - SHAREHOLDERS WILL BE GIVEN AN OPPORTUNITY TO CONSIDER AND APPROVE APPOINTMENT OF THIS AUDITOR AT ANNUAL GENERAL MEETING.  Full Article

AECI to buy Schirm Gmbh
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Aeci Ltd :AECI LTD - ‍AECI MAURITIUS WILL ACQUIRE 100% OF SHARE CAPITAL IN SCHIRM GMBH AND SHAREHOLDER LOAN CLAIMS​.AECI LTD - ‍PURCHASE CONSIDERATION IS EUR 110,5 MILLION AND IS PAYABLE IN CASH​.AECI LTD - ‍SCHIRM GMBH WILL ACQUIRE CONTRACT MANUFACTURING SERVICE BUSINESS OF AND A PROPERTY IN WOLFENBÜTTEL, GERMANY​.‍AECI WILL FUND TRANSACTION UTILISING A FINANCING FACILITY PROVIDED BY STANDARD BANK OF SOUTH AFRICA LIMITED​.AECI LTD - ‍ICL WILL RETAIN CUSTOMER WAREHOUSING, TRANSPORTATION AND DISTRIBUTION SERVICES ON SITES ON WHICH SCHIRM OPERATES​.  Full Article

AECI acquires Much Asphalt Pty Ltd ‍for 2.27 bln rand
Monday, 30 Oct 2017 

Oct 30 (Reuters) - AECI Ltd :ENTERED AGREEMENT WITH CAPITALWORKS PRIVATE EQUITY,MIC INVESTMENT HOLDINGS PROPRIETARY AND MUCH ASPHALT MANAGEMENT TEAM TO ACQUIRE MUCH ASPHALT​.DEAL ‍FOR A TOTAL CONSIDERATION OF R2,272 BILLION WHICH IS PAYABLE IN CASH​.ALSO ENTERED INTO DISCUSSIONS RELATING TO FURTHER ACQUISITION, UNRELATED TO THE DEAL, WHICH MAY HAVE EFFECT ON CO'S SHARE PRICE​.  Full Article

AECI ‍entered into discussions relating to two potential deals
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - AECI Ltd ::AECI LTD - ‍ENTERED INTO DISCUSSIONS RELATING TO TWO POTENTIAL ACQUISITIONS.  Full Article

AECI says H1 HEPS down 48 pct
Tuesday, 26 Jul 2016 

Aeci Ltd : Says interim heps -48% . Says interim cash dividend +8% to 135cps declared . Says interim group revenue +5% to r9,1bn .Says interim heps +15% after adjusting for somerset west bulk land sale and loss on prma settlement.  Full Article

AECI sees HEPS 40-60 pct lower for half-year ended 30 June 2016
Friday, 15 Jul 2016 

Aeci Ltd :Sees HEPS between 40% and 60% lower for half-year ended 30 June 2016 than 565 cents achieved for half-year ended 30 June 2015.  Full Article

AECI Ltd sees H1 HEPS down by atleast 20 pct
Monday, 6 Jun 2016 

AECI Ltd : HEPS for half year ended June 30 are expected to be at least 20 pct (113 cents) lower than 565 cents achieved for half-year ended 30 June 2015 .EPS are also expected to be at least 20 pct (118 cents) lower than 588 cents of prior corresponding period..  Full Article

South Africa's AECI sees growth in water treatment after drought hits continent

JOHANNESBURG, Feb 27 South African chemicals group AECI could increase revenue from its desalination and water treatment business by up to 80 percent over the next five years after a severe drought hit Africa, its CEO said.