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IVT 5,660.00 +145.00 (2.63%)
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INVICTA HOLDINGS LIMITED – Change and restructure to the board
from 1 November 2016. Charles served as the CEO of this division for 8 years prior to his appointment as Invicta Group CEO.
Invicta falls victim to the times
Invicta Holdings' results were dampened by headwinds in each of the markets it operates within. It's agriculture business was affected by the worst El Ni´┐Żo drought on record, while an 18% year-on-year decline in the mining sector has seen things take a ...
Wiese's Invicta in JSE hot water over share trade
The JSE on Tuesday announced that it has imposed a censure on Invicta Holdings after finding that it breached requirements through the purchase of Invicta shares by its subsidiary without the required authority to do so.
Steinhoff has cost investors almost R300 billion
The deal remains subject to regulatory approval. The Wiese connection appeared to put pressure on Brait, Stellar Capital, Tradehold and Invicta Holdings as well. He is closely associated with all of these companies. KAP Industrial and PSG Group have ...
Wall St banks braced for €1bn loss on Steinhoff slide  Financial Times
Invicta to distribute Fenner's products in Africa
“The transaction is an exciting opportunity for both BMG and Fenner to further strengthen the existing long-term relationship between the respective companies,” Invicta said in a statement. “The transaction will enable both BMG and Fenner to harness ...
BMG launches R400m World site facility in Gauteng
Technical solutions provider BMG, which is part of Invicta Holdings, has officially launched its BMG World site, in Johannesburg, which is the culmination of a consolidation and supply chain re-engineering strategy that began nearly ten years ago.
Steinhoff says accounting problems stretch back further than 2016
Steinhoff is kicking off the year with a reminder of the depths of its accounting scandal, warning investors to “exercise caution” when dealing with its securities, as accounts prior to 2015 are likely to need restating.
Steinhoff lenders withdraw credit lines
South African retailer Steinhoff International has said it is unable to provide details on the magnitude of its accounting irregularities and that lenders are withdrawing their support of the beleaguered group.
Prosecutors probe for 'inflated revenue' at deal-hungry Steinhoff
German prosecutors say they are investigating whether Steinhoff International inflated its revenue and book value, one day after the global home retailer announced that its longtime chief executive had quit.
Eaton conveyors now from BMG
“Under the terms of the new distribution agreement, which was signed in Johannesburg recently BMG will now distribute Eaton's complete conveyor protection and safety solutions across subSaharan Africa,” says Gavin Pelser, managing director, BMG, part ...