Strong support for Omnia rights issue – inceConnect

The chemicals, fertiliser and explosives group says its R2 billion capital raise was fully subscribed. The vast majority of Omnia’s shareholders have taken up their rights in a deeply discounted capital raise aimed at recapitalising the group. Article by Stephen Gunnion. view article

Falling rentals bite SA Corporate’s dividend – Business Day

SA Corporate Real Estate, which has recently rebuffed takeover offers from Dipula Income Fund and Emira Property Fund, expects distributions to fall as much as 4% in its financial year as it battles with falling rental rates due to SA’s tepid economic conditions. Article by Karl Gernetzky with comment from Rahgib Davids – investment analyst […]

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