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Alexander Forbes Group Holdings Ltd (AFHJ.J)

AFHJ.J on Johannesburg Stock Exchange

457.00ZAc
20 Mar 2019
Change (% chg)

-3.00 (-0.65%)
Prev Close
460.00
Open
460.00
Day's High
464.00
Day's Low
455.00
Volume
3,383,344
Avg. Vol
2,337,206
52-wk High
720.00
52-wk Low
420.00

Latest Key Developments (Source: Significant Developments)

Alexander Forbes Group Names BP (Bruce) Bydawell As CFO
Tuesday, 19 Mar 2019 

March 19 (Reuters) - Alexander Forbes Group Holdings Ltd ::APPOINTMENT OF CHIEF FINANCIAL OFFICER: MR BP BYDAWELL.BP (BRUCE) BYDAWELL HAS BEEN APPOINTED AS CHIEF FINANCIAL OFFICER (CFO) AND A DIRECTOR OF COMPANY WITH EFFECT FROM 1 APRIL 2019.  Full Article

Alexander Forbes Says "Disgruntled" Former Employee Discloses Confidential Information Of Co
Tuesday, 5 Mar 2019 

March 5 (Reuters) - Alexander Forbes Group Holdings Ltd ::BREACH OF CONFIDENTIAL COMPANY INFORMATION.CO AND ONE OF ITS MAJOR SHAREHOLDERS, AFRICAN RAINBOW CAPITAL SUBJECT TO "ADVERSE" MEDIA COMMENTARY.BOARD HAS REASON TO BELIEVE A "DISGRUNTLED" FORMER EMPLOYEE DISCLOSED CONFIDENTIAL INFORMATION OF CO.COMMENTARY HAS FACTUALLY INACCURATE IN MANY RESPECTS, CONTAIN SPECULATIVE, MISLEADING COMMENT, RELY ON UNRELATED, DATED INFORMATION.INSTITUTED INVESTIGATION ON BREACH, WILL CONSIDER LEGAL AVENUES AVAILABLE TO IT TO PROTECT CO'S CONFIDENTIAL INFORMATION.FORMER EMPLOYEE DISCLOSED CONFIDENTIAL COMPANY INFORMATION, WITH SPECIFIC PURPOSE TO DISCREDIT COMPANY AND ITS SHAREHOLDER, ARC.  Full Article

Alexander Forbes Sees HY HEPS Between 16.0 & 17.2 Cents; Terminates Contract For IT Modernisation Programme
Friday, 23 Nov 2018 

Nov 23 (Reuters) - Alexander Forbes Group Holdings Ltd ::HEPS EXPECTED TO BE BETWEEN 16.0 AND 17.2 CENTS PER SHARE FOR SIX MONTHS ENDED 30 SEPTEMBER 2018.HY EPS EXPECTED TO DECREASE TO A LOSS OF BETWEEN 3.5 AND 4.5 CENTS PER SHARE.DECIDED TO TERMINATE CONTRACT WITH PRIMARY IMPLEMENTATION PARTNER FOR IT MODERNISATION PROGRAMME.AS A RESULT OF TERMINATION, GROUP WILL IMPAIR SOFTWARE DEVELOPMENT ASSETS OF R287 MILLION.INCURRED ONE-OFF OPERATING EXPENSES RELATING TO TERMINATION OF CONTRACT AMOUNTING TO R52 MILLION.  Full Article

Alexander Forbes Terminates AA Darfoor As Group Chief Executive
Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - Alexander Forbes Group Holdings Ltd ::TERMINATION OF CHIEF EXECUTIVE OFFICER.TERMINATED SERVICES OF AA DARFOOR AS GROUP CHIEF EXECUTIVE.M RAMPLIN, AN INDEPENDENT NON-EXECUTIVE DIRECTOR OF COMPANY WILL BE INTERIM GROUP CHIEF EXECUTIVE.PRIORITISING SEARCH FOR NEW GROUP CHIEF EXECUTIVE AND CONFIDENT THAT APPOINTMENT WILL BE MADE IMMINENTLY.  Full Article

Alexander Forbes Appoints Thabo Dloti As Independent Non-Exec Director
Tuesday, 3 Jul 2018 

July 3 (Reuters) - Alexander Forbes Group Holdings Ltd ::BOARD AND COMMITTEE CHANGES.THABO DLOTI HAS BEEN APPOINTED AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR OF COMPANY.  Full Article

Alexander Forbes Group says Dr D Konar Resigns As Independent Non-Executive Director
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Alexander Forbes Group Holdings Ltd ::DR D (LEN) KONAR HAS SUBMITTED HIS RESIGNATION AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR ON BOARD WITH IMMEDIATE EFFECT.KONAR TOOK DECISION IN VIEW OF RECENTLY PUBLISHED REPORTS CONCERNING DEVELOPMENTS AT STEINHOFF, WHERE HE SERVES AS DEPUTY CHAIRMAN OF SUPERVISORY BOARD.  Full Article

Alexander Forbes Group Holdings Says HY HEPS Down By 20 Pct
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Alexander Forbes Group Holdings Ltd ::WELL ON TRACK TO DELIVER OUR R200 MILLION TO R250 MILLION EXPENSE REDUCTION TARGET BY END OF 2020​.HY ‍HEADLINE EARNINGS PER SHARE DECREASED BY 20% TO 21.7 CENTS PER SHARE, DOWN 20 PERCENT​.IMPROVEMENT IN OVERALL HY GROUP TRADING MARGIN TO 25.3% COMPARED WITH 24.9% FOR SAME PERIOD LAST YEAR​.‍BOARD HAS APPROVED AN 18 CENTS INTERIM DIVIDEND, UP 6%​.  Full Article

Alexander Forbes sees HY HEPS between 20.9 - 22.3 cents​
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Alexander Forbes Group Holdings Ltd :Sees ‍hy headline earnings per share 20.9 - 22.3 cents​.Alexander forbes group - ‍hy profit from operations before non-trading items is expected to be between 3% to 5% higher than six month period in prior year​.  Full Article

Alexander Forbes Group announces appointment of independent non-executive chairman Nonkululeko Nyembezi
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - ALEXANDER FORBES GROUP HOLDINGS LTD : :ANNOUNCES APPOINTMENT OF INDEPENDENT NON-EXECUTIVE CHAIRMAN MS NONKULULEKO NYEMBEZI .‍NYEMBEZI SUCCEEDS MR SELLO MOLOKO AND JOINS COMPANY AT A TIME OF STRATEGIC AND BUSINESS TRANSFORMATION.  Full Article

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