Edition:
India

African Rainbow Capital Investments Ltd (AILJ.J)

AILJ.J on Johannesburg Stock Exchange

673.00ZAc
19 Jan 2018
Change (% chg)

23.00 (+3.54%)
Prev Close
650.00
Open
650.00
Day's High
679.00
Day's Low
650.00
Volume
893,313
Avg. Vol
517,250
52-wk High
868.00
52-wk Low
620.00

Latest Key Developments (Source: Significant Developments)

Global Asset Management Says To Sell 27 Pct Shares In Plastics Green Energy
Friday, 1 Dec 2017 

Dec 1 (Reuters) - GLOBAL ASSET MANAGEMENT LIMITED :​:UNIT ENTERED SALE OF SHARES AGREEMENT WITH ARC FUND ON AFRICAN RAINBOW CAPITAL.GLOBAL ASSET MANAGEMENT LTD - ‍CONSIDERATION PAYABLE FOR 27% DISPOSAL IS R12.7MLN, WHICH IS PAYABLE IN CASH​.DEAL NOT EXPECTED TO HAVE MATERIAL IMPACT ON COMPREHENSIVE INCOME, NET ASSET VALUE OF GLOBAL.  Full Article

African Rainbow Capital Investments updates on listing on JSE
Tuesday, 5 Sep 2017 

Sept 5 (Reuters) - African Rainbow Capital::OFFER WAS OVERSUBSCRIBED AT MARKET CLOSE ON MONDAY, 4 SEPTEMBER 2017.ARC INVESTMENTS TO INCREASE NUMBER OF OFFER SHARES ISSUED FROM 223.1 MILLION TO 258.4 MILLION ALL OF WHICH WILL BE ISSUED AT R8.50 PER SHARE.NET PROCEEDS RECEIVED BY ARC INVESTMENTS FROM OFFER AND CORNERSTONE SUBSCRIPTIONS IS EXPECTED TO BE R4.2 BILLION.GROSS PROCEEDS FROM OFFER WILL INCREASE FROM R1.9 BILLION TO R2.2 BILLION.  Full Article

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