Edition:
India

AECI Ltd (AFEJ.J)

AFEJ.J on Johannesburg Stock Exchange

8,898.00ZAc
22 Feb 2019
Change (% chg)

66.00 (+0.75%)
Prev Close
8,832.00
Open
8,265.00
Day's High
9,088.00
Day's Low
8,265.00
Volume
166,941
Avg. Vol
193,368
52-wk High
12,100.00
52-wk Low
7,701.00

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