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Investment Trusts

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Tradehold Restructure Delayed To May End, Cancels Unit's Float On Namibian Stock Exchange

Wednesday, 28 Feb 2018

Feb 28 (Reuters) - Tradehold Ltd ::TRADEHOLD LTD - EFFECTIVE DATE OF RESTRUCTURE IS NOW EXPECTED TO BE BY NO LATER THAN 31 MAY 2018.TRADEHOLD LTD - COMPANY HAS RESOLVED TO NOT PROCEED WITH LISTING OF NGUNI PROPERTY FUND ON NAMIBIAN STOCK EXCHANGE.

Niveus Investments Announces Unbundling Of Shares In Niveus Invest 17 Proprietary Ltd

Wednesday, 21 Feb 2018

Feb 21 (Reuters) - Niveus Investments Ltd ::SUBSIDIARY LA CONCORDE INTENDS TO UNBUNDLE 110 000 000 SHARES IN NIVEUS INVEST 17 PROPRIETARY AFTER IMPLEMENTATION OF GABS ACQUISITION​.UNBUNDLING ‍COMPRISING ABOUT 38% OF TOTAL ISSUED SHARE CAPITAL OF HOSKEN PASSENGER LOGISTICS AND RAIL LTD.UNBUNDLING TO TAKE PLACE ‍BY WAY OF A DISTRIBUTION IN SPECIE PRO RATA TO THEIR RESPECTIVE SHAREHOLDING IN LA CONCORDE​.‍FOLLOWING LA CONCORDE UNBUNDLING, NIVEUS INTENDS TO UNBUNDLE ABOUT 22 PERCENT IN NEW COMPANY DISTRIBUTED TO AND RECEIVED BY NIVEUS​.‍ENVISAGED NEW COMPANY WILL BE LISTED ON JSE FOLLOWING IMPLEMENTATION OF LA CONCORDE UNBUNDLING, BUT BEFORE NIVEUS UNBUNDLING​.‍NIVEUS INVEST 17 PROPRIETARY LIMITED IS TO BE RENAMED "HOSKEN PASSENGER LOGISTICS AND RAIL LIMITED"​.

Fatfish Internet Group completes ‍restructure with relevant core assets transferred to company's Swedish unit

Friday, 20 Oct 2017

Oct 20 (Reuters) - Fatfish Internet Group Ltd :Completes ‍restructure with relevant core assets transferred to company's Swedish subsidiary Fatfish Global Ventures Ab​.‍Notes it is continuing to work with its european advisors to finalize restructure and IPO prospectus​.

Hosken Consolidated ‍restructures interest in Golden Arrow Bus Service

Thursday, 14 Sep 2017

Sept 14 (Reuters) - HOSKEN CONSOLIDATED INVESTMENTS LTD ::‍RESTRUCTURE OF HCI'S INTEREST IN GOLDEN ARROW BUS SERVICE PROPRIETARY LIMITED​.HCI, NIVEUS INVESTMENTS, LA CONCORDE ENTERED INTO AGREEMENT WHERE NIVEUS INVEST 17 PROPRIETARY WILL BUY HOSKEN PASSENGER LOGISTICS AND RAIL​.‍HPLR WILL BE ACQUIRED BY NEWCO FOR A PURCHASE CONSIDERATION OF APPROXIMATELY R1.8 BILLION​.‍POST IMPLEMENTATION OF GABS ACQUISITION IT IS INTENDED THAT A DIVIDEND OF UP TO R1.2 BILLION WILL BE DECLARED BY NEWCO​.

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