Edition:
India

AECI Ltd (AFEJ.J)

AFEJ.J on Johannesburg Stock Exchange

8,654.00ZAc
13 Dec 2017
Change (% chg)

-66.00 (-0.76%)
Prev Close
8,720.00
Open
8,610.00
Day's High
9,050.00
Day's Low
8,610.00
Volume
128,036
Avg. Vol
216,143
52-wk High
12,186.00
52-wk Low
5,005.00

Latest Key Developments (Source: Significant Developments)

AECI Says KPMG Will Not Be Considered For External Auditor Reappointment In FY 2018
Monday, 4 Dec 2017 

Dec 4 (Reuters) - AECI Ltd ::AECI LTD - CURRENT EXTERNAL AUDITOR, KPMG, WILL NOT BE CONSIDERED FOR REAPPOINTMENT FOR 2018 FINANCIAL YEAR.AECI LTD - A NEW EXTERNAL AUDITOR WILL BE APPOINTED AND ANNOUNCED BY NO LATER THAN 31 MARCH 2018.AECI LTD - SHAREHOLDERS WILL BE GIVEN AN OPPORTUNITY TO CONSIDER AND APPROVE APPOINTMENT OF THIS AUDITOR AT ANNUAL GENERAL MEETING.  Full Article

AECI to buy Schirm Gmbh
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Aeci Ltd :AECI LTD - ‍AECI MAURITIUS WILL ACQUIRE 100% OF SHARE CAPITAL IN SCHIRM GMBH AND SHAREHOLDER LOAN CLAIMS​.AECI LTD - ‍PURCHASE CONSIDERATION IS EUR 110,5 MILLION AND IS PAYABLE IN CASH​.AECI LTD - ‍SCHIRM GMBH WILL ACQUIRE CONTRACT MANUFACTURING SERVICE BUSINESS OF AND A PROPERTY IN WOLFENBÜTTEL, GERMANY​.‍AECI WILL FUND TRANSACTION UTILISING A FINANCING FACILITY PROVIDED BY STANDARD BANK OF SOUTH AFRICA LIMITED​.AECI LTD - ‍ICL WILL RETAIN CUSTOMER WAREHOUSING, TRANSPORTATION AND DISTRIBUTION SERVICES ON SITES ON WHICH SCHIRM OPERATES​.  Full Article

AECI acquires Much Asphalt Pty Ltd ‍for 2.27 bln rand
Monday, 30 Oct 2017 

Oct 30 (Reuters) - AECI Ltd :ENTERED AGREEMENT WITH CAPITALWORKS PRIVATE EQUITY,MIC INVESTMENT HOLDINGS PROPRIETARY AND MUCH ASPHALT MANAGEMENT TEAM TO ACQUIRE MUCH ASPHALT​.DEAL ‍FOR A TOTAL CONSIDERATION OF R2,272 BILLION WHICH IS PAYABLE IN CASH​.ALSO ENTERED INTO DISCUSSIONS RELATING TO FURTHER ACQUISITION, UNRELATED TO THE DEAL, WHICH MAY HAVE EFFECT ON CO'S SHARE PRICE​.  Full Article

AECI ‍entered into discussions relating to two potential deals
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - AECI Ltd ::AECI LTD - ‍ENTERED INTO DISCUSSIONS RELATING TO TWO POTENTIAL ACQUISITIONS.  Full Article

AECI says H1 HEPS down 48 pct
Tuesday, 26 Jul 2016 

Aeci Ltd : Says interim heps -48% . Says interim cash dividend +8% to 135cps declared . Says interim group revenue +5% to r9,1bn .Says interim heps +15% after adjusting for somerset west bulk land sale and loss on prma settlement.  Full Article

AECI sees HEPS 40-60 pct lower for half-year ended 30 June 2016
Friday, 15 Jul 2016 

Aeci Ltd :Sees HEPS between 40% and 60% lower for half-year ended 30 June 2016 than 565 cents achieved for half-year ended 30 June 2015.  Full Article

AECI Ltd sees H1 HEPS down by atleast 20 pct
Monday, 6 Jun 2016 

AECI Ltd : HEPS for half year ended June 30 are expected to be at least 20 pct (113 cents) lower than 565 cents achieved for half-year ended 30 June 2015 .EPS are also expected to be at least 20 pct (118 cents) lower than 588 cents of prior corresponding period..  Full Article