Tuesday, 26 August 2003 02:00

Sisa shares down 3.5% after results.

The share price of hotel and gaming group Sun International (Sisa) fell 10 cents or 3.5% in good trading volumes, despite reporting somewhat stronger-than-expected headline earnings and dividends for the year to end-June 2003.

Friday, 15 August 2003 02:00

Error sends A-Prop into orbit.

 Property loan stock company ARNOLD Property Fund's (AProp's) unit price leapt 88,89% to 170c from 85c after an investor put through trades at the incorrect price. 

Wednesday, 30 July 2003 02:00

Dearth of research a setback for investors.

High turnover of analysts prohibits continuity of quality studies, resulting in buyers making ill-informed investment decisions.

The Competition Tribunal is due to consider the acquisition of Primegro Properties by Growthpoint Properties.

Pretoria - The Competition Commission has recommended the approval, without conditions, of the proposed R2.47 billion merger between listed property loan stock companies Growthpoint and Primegro.

The listed property loan stock company, Paramount Property Fund (Paraprop) has concluded a deal with Absa Bank, whereby Absa will subscribe for 17 537 000 Paraprop linked units with effect from September 1 2003.

Pretoria - Gilboa, the listed venture capital company that was transforming itself into a diamond mining company, has taken steps to move back to its property roots.

Tuesday, 15 July 2003 02:00

Lembede buys stake in property group.

Black economic empowerment consortium Lembede Investment Holdings has bought a 16,5% stake in Rand Leases Properties.

Monday, 14 July 2003 02:00

A-Prop earnings to be halved - Provest

Investors can expect property loan stock company Arnold Property Fund's (A-Prop's) earnings to drop by at least 50% this financial year, says listed property asset management company Provest.

Analysts believe companies have been given impetus by the easing of exchange control regulations.

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