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Allied Electronics Corporation Ltd (AELJ.J)

AELJ.J on Johannesburg Stock Exchange

2,803.00ZAc
19 Jul 2019
Change (% chg)

3.00 (+0.11%)
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2,800.00
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2,772.00
Volume
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2,875.00
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Latest Key Developments (Source: Significant Developments)

Allied Electronics FY Cont. Ops. Up 7 Pct To R15.7 Billion.
Thursday, 9 May 2019 

May 9 (Reuters) - Allied Electronics Corporation Ltd ::ALLIED ELECTRONICS CORPORATION LTD - FY REVENUE FROM CONTINUING OPERATIONS INCREASED BY 7% TO R15.7 BILLION..ALLIED ELECTRONICS CORPORATION LTD - FY HEPS FROM CONTINUING OPERATIONS INCREASED BY 50% TO 179 CENTS.ALLIED ELECTRONICS CORPORATION LTD - FINAL DIVIDEND DECLARED OF 44 CENTS PER SHARE, WITH TOTAL DIVIDEND FOR YEAR OF 72 CENTS PER SHARE.  Full Article

Allied Electronics Says Value Capital Partners Now Holds 20.11 Pct Of Co
Friday, 2 Nov 2018 

Nov 2 (Reuters) - Allied Electronics Corporation Ltd ::ALLIED ELECTRONICS - VALUE CAPITAL PARTNERS PROPRIETARY , THROUGH FUND, ASSOCIATES, NOW HOLDS 20.11% OF TOTAL NUMBER OF ORDINARY SECURITIES OF CO.  Full Article

Allied Electronics Corp Says HY HEPS From Cont Ops Is 71 Cents
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Allied Electronics Corporation Ltd ::HY REVENUE FROM CONTINUING OPERATIONS INCREASED BY 44 PCT TO R9.8 BILLION.HY HEPS FROM CONTINUING OPERATIONS INCREASED BY 25 PCT TO 71 CENTS.INTERIM DIVIDEND DECLARED OF 28 CENTS PER SHARE.HY ADJUSTED NET DEBT REDUCED TO R991 MILLION.  Full Article

Allied Electronics Corp Sees FY18 HEPS Of 47 Cents
Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - Allied Electronics Corporation Ltd ::ALTRON TRADING STATEMENT AND BUSINESS UPDATE FOR THE HALF YEAR ENDED 31 AUGUST 2018.HY GROUP REVENUE FROM CONTINUING OPERATIONS EXPECTED TO INCREASE BY BETWEEN 42% AND 46% RELATIVE TO PRIOR PERIOD.HY EBITDA IS EXPECTED TO INCREASE BY BETWEEN 24% AND 28% RELATIVE TO PRIOR PERIOD.HY HEADLINE EARNINGS FOR PERIOD ARE EXPECTED TO INCREASE BY BETWEEN 45% AND 52% RELATIVE TO PRIOR PERIOD.SEES FY18 HEADLINE EARNINGS PER SHARE 47 CENTS.SEES FY19 HEADLINE EARNINGS PER SHARE BETWEEN 68 - 71 CENTS.  Full Article

S.A.'s Competition Commission Recommends Conditional Approval Of RMHP Nedbank-Divercity Deal
Tuesday, 4 Sep 2018 

Sept 4 (Reuters) - S.A.'s Competition Commission::SA'S COMPETITION COMMISSION- APPROVED, WITHOUT CONDITIONS, THE PROPOSED TRANSACTION WHEREBY KKR, INTENDS TO ACQUIRE BOXER.S. AFRICA COMPETITION COMMISSION - APPROVED, WITHOUT CONDITIONS, PROPOSED DEAL WHEREBY ALTRON TMT INTENDS TO BUY IS PARTNERS.S. AFRICA COMPETITION COMMISSION - APPROVED, WITHOUT CONDITIONS, PROPOSED DEAL WHEREBY IFF INTENDS TO BUY FRUTAROM.SA'S COMPETITION COMMISSION- APPROVED, WITH CONDITIONS, PROPOSED TRANSACTION WHEREBY P&G, INTENDS TO ACQUIRE CONSUMER HEALTHCARE BUSINESS OF MERCK.S.AFRICA'S COMPETITION COMMISSION- RECOMMENDS TO TRIBUNAL THAT DEAL FOR RMHP NEDBANK TO BUY DIVERCITY BE APPROVED WITH CONDITIONS.  Full Article

S.Africa's Competition Commission Approves Altron's Acquisition Of iS Partners
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - S.Africa's Competition Commission:S.AFRICA'S COMPETITION COMMISSION- APPROVES ALTRON'S ACQUISITION OF IS PARTNERS.  Full Article

Allied Electronics Corp Announces Completion Disposal Of Powertech Transformers
Thursday, 26 Jul 2018 

July 26 (Reuters) - Allied Electronics Corporation Ltd ::DISPOSAL OF POWERTECH TRANSFORMERS - FULFILMENT OF CONDITIONS PRECEDENT AND COMPLETION OF TRANSACTION.  Full Article

Allied Electronics Concludes Share Sale Agreement To Buy iS Partners
Monday, 11 Jun 2018 

June 11 (Reuters) - Allied Electronics Corporation Ltd ::CONCLUDED SHARE SALE AGREEMENT, THROUGH ITS SUBSIDIARY, TO BUY ENTIRE ISSUED SHARE CAPITAL OF IS PARTNERS PROPRIETARY LTD.PURCHASE CONSIDERATION OF R225 MILLION.PORTION OF MAXIMUM PURCHASE CONSIDERATION IS PAYABLE IN CASH ON CLOSING DATE OF DEAL.  Full Article

Allied Electronics Says Progress Made On Conditions Relating To Disposal Of Interest In Powertech Transformers
Wednesday, 4 Apr 2018 

April 4 (Reuters) - Allied Electronics Corporation Ltd ::PROGRESS HAS BEEN MADE WITH REGARD TO FULFILMENT OF CONDITIONS RELATING TO DISPOSAL OF INTEREST IN POWERTECH TRANSFORMERS.LAST OF CONDITIONS PRECEDENT IS EXPECTED TO BE FULFILLED BY 31 MAY 2018..  Full Article

Allied Electronics says denies collusion allegations
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Allied Electronics Corporation Ltd ::CLARIFICATION ON ALLEGATIONS IN MEDIA OF COLLUSION BY SOME ALTRON UNITS ON DTT SET-TOP BOX TENDER ISSUED BY S.A. GOVERNMENT IN 2014​.ALTRON UNIT, WHICH IS IN PROCESS OF BEING SOLD, RESPONDED TO DTT TENDER IN 2014, BUT UNSUCCESSFUL IN BID TO SECURE TENDER​.‍DUE TO COMPETITION COMMISSION INVESTIGATION, THERE MAY BE DELAYS IN ALTECH UEC DISPOSAL PROCESS​.‍ALTRON DENIES ALLEGATIONS​.SAYS ‍NO MONIES OR FEES WERE PAID TO ANY INDIVIDUAL OR PARTY RELATED TO ENGAGEMENTS​.ALTRON EXPECTS EXTERNAL LEGAL FIRM, BOWMANS, FINAL REPORT ON INDEPENDENT INVESTIGATION INTO ALLEGATIONS AT END OF JAN 2018​.  Full Article