African Rainbow Capital Investments , the empowered investment firm founded by Patrice Motsepe, plans to consolidate and trim its portfolio of 47 investments to about 30 over the next five years and use the proceeds to pay dividends to shareholders and buy back its own shares.
The JSE-listed investment firm, whose only asset is the ARC Fund, a vehicle with 47 investments spanning telecommunications, mining, agriculture, property, insurance, asset management and other sectors, rates the intrinsic value of that portfolio at R12.28bn. That is almost 62% larger than its R4.7bn market capitalisation, the value assigned to the listed entity by investors who hold its shares...
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Mandla Lamba’s companies are not registered: FSCAIt came as no surprise when the Financial Sector Conduct Authority released a warning about Mandla Lamba. mandlalamba FSCA Here is your friend Sentletse So you want us to believe taxi owners opened a case instead of dealing with him the taxi owner way........hayi suka My first experience happens to be a failure but I never gave up cause I knew it was going to work out for me trying continuously. Fortunately I'm smiling today by getting involved with Hendrickspat7
La source: IOL - 🏆 46. / 51 Lire la suite »