Edition:
India

Bid Corporation Ltd (BIDJ.J)

BIDJ.J on Johannesburg Stock Exchange

33,606.00ZAc
6:01pm IST
Change (% chg)

-152.00 (-0.45%)
Prev Close
33,758.00
Open
33,400.00
Day's High
33,949.00
Day's Low
33,339.00
Volume
333,111
Avg. Vol
842,187
52-wk High
35,799.00
52-wk Low
24,867.00

Latest Key Developments (Source: Significant Developments)

Bid Corporation Appoints Nigel Payne As Lead Independent Director
Monday, 2 Dec 2019 

Dec 2 (Reuters) - Bid Corporation Ltd ::NIGEL PAYNE IS APPOINTED AS LEAD INDEPENDENT DIRECTOR.  Full Article

Bid Corp Says JP Morgan Acquires Beneficial Interest In Securities Of Co
Wednesday, 20 Nov 2019 

Nov 20 (Reuters) - Bid Corporation Ltd ::JSE: BID - CHANGE IN BENEFICIAL INTEREST.J P MORGAN CHASE & CO ACQUIRED BENEFICIAL INTEREST IN SECURITIES OF CO; THEIR ENTIRE BENEFICIAL INTEREST AMOUNTS TO 10,00% OF CO.  Full Article

Bid Corporation Says Trading For 4 Months To October In F2020 Positive
Monday, 18 Nov 2019 

Nov 18 (Reuters) - Bid Corporation Ltd ::IMPACT OF NEW IFRS 16 ACCOUNTING STANDARD IS IN LINE WITH GUIDANCE AS PROVIDED TO STAKEHOLDERS IN AUGUST 2019.TRADING FOR 4 MONTHS TO OCTOBER IN F2020 CONTINUES TO BE POSITIVE.IN HONG KONG, PROTESTS SIGNIFICANTLY DECREASED HOTEL OCCUPANCIES, TOURIST ARRIVALS, EATING OUT-OF-HOME ACTIVITIES FOR 4 MONTHS TO OCT.CURRENCY VOLATILITY HAS NEGATIVELY IMPACTED BIDCORP'S RAND TRANSLATED RESULTS TO OCTOBER IN F2020.MANAGEMENT'S EXPECTATIONS FOR F2020 REMAIN CAUTIOUS BUT LARGELY UNCHANGED.IN PCL, MANAGEMENT WORKING ON EXIT PLAN FOR RESIDUAL WAREHOUSING ACTIVITIES.IN PCL, NO FURTHER MATERIAL EXIT COSTS ARE EXPECTED.  Full Article

Bid Corporation Issues Announcement Regarding Sale Of Best Food Logistics UK
Wednesday, 2 Oct 2019 

Oct 2 (Reuters) - Bid Corporation Ltd ::JSE: BID - VOLUNTARY ANNOUNCEMENT REGARDING THE SALE OF BEST FOOD LOGISTICS UK.BID CORPORATION - ENTERED INTO CONTRACT FOR DISPOSAL OF BEST FOOD LOGISTICS BUSINESS IN UK TO BOOKER GROUP, UNIT OF TESCO.BID CORPORATION - WILL BE NO MATERIAL FINANCIAL IMPACT ON CO'S CONSOLIDATED NET ASSETS OR PROFIT FOR YEAR ENDING JUNE 30 2020 DUE TO SALE.BID CORPORATION LTD - BEST FOOD LOGISTICS BUSINESS HAS BEEN CLASSIFIED AS A DISCONTINUED OPERATION IN 2019 FINANCIAL RESULTS.  Full Article

Bid Corporation Says J P Morgan Chase & Co Now Holds 10.31% Stake
Monday, 1 Jul 2019 

July 2 (Reuters) - Bid Corporation Ltd ::J P MORGAN CHASE & CO ACQUIRED A BENEFICIAL INTEREST IN SECURITIES OF COMPANY, ENTIRE STAKE AMOUNTS TO 10,31%.  Full Article

Bid Corporation Says Trading To End Of April F2019 Continues To Be Positive
Tuesday, 21 May 2019 

May 21 (Reuters) - Bid Corporation Ltd ::TRADING TO END OF APRIL F2019 CONTINUES TO BE POSITIVE.MANAGEMENT'S EXPECTATIONS FOR F2019 REMAIN UNCHANGED..  Full Article

Bid Corporation HY Continuing HEPS 700,2 Cents
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Bid Corporation Ltd ::HY CONTINUING HEPS +9,2% 700,2 CENTS.INTERIM DIVIDEND DECLARED +10,7% 310,0 CENTS.BIDCORP'S PERFORMANCE OVERALL WAS IN LINE WITH MANAGEMENT EXPECTATIONS.HY NET REVENUE OF R66,4 BILLION (H1F2018: R60,9 BILLION) GREW BY 9,1%.FINANCIALLY, GROUP IS STRONG AND WE EXPECT CASH GENERATION TO REMAIN ROBUST.GROUP TO CONTINUE TO DELIVER REAL EARNINGS GROWTH FOR FULL YEAR.TRADING ACROSS DEVELOPED MARKET GEOGRAPHIES REMAINED POSITIVE.  Full Article

Bid Corp Says J P Morgan Now Holds 10.05 Pct Of Co
Friday, 18 Jan 2019 

Jan 18 (Reuters) - Bid Corporation Ltd ::BID CORP- J P MORGAN ACQUIRED BENEFICIAL INTEREST IN CO'S SECURITIES, ENTIRE BENEFICIAL INTEREST AMOUNTS TO 10.05% OF TOTAL SECURITIES IN ISSUE.  Full Article

Bid Corporation Says Pricewaterhousecoopers Inc Appointed New External Auditors
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - Bid Corporation Ltd ::PRICEWATERHOUSECOOPERS INC APPOINTED NEW EXTERNAL AUDITORS.KPMG HAVE SUBMITTED THEIR FORMAL RESIGNATION AS BIDCORP'S APPOINTED EXTERNAL AUDITORS, DATED JANUARY 14TH 2019.  Full Article

Bid Corp Says Potential Buyer Decided Not To Proceed With CD Deal
Friday, 21 Sep 2018 

Sept 21 (Reuters) - Bid Corporation Ltd ::UPDATE ON DISPOSAL OF UK CONTRACT DISTRIBUTION (CD) BUSINESS.PROSPECTIVE PURCHASER NOTIFIED BIDCORP THAT FOR ITS OWN INTERNAL REASONS, IT DECIDED NOT TO PROCEED WITH DEAL.CD BUSINESS REMAINS A NON-CORE ACTIVITY IN RESPECT OF BIDCORP'S GLOBAL FOODSERVICE OPERATIONS.CURRENTLY CONSIDERING ALTERNATIVE PROPOSALS WHICH WERE SUSPENDED DUE TO ADVANCED SALE PROCESS.TRADING PERFORMANCE FOR TWO MONTHS TO END-AUGUST 2018 HAS DELIVERED A NEAR BREAKEVEN POSITION FOR CD.  Full Article

South Africa's Bidcorp to sell unit to Tesco's Booker

Oct 2 South African food services company Bid Corp Ltd (Bidcorp) on Wednesday said it would sell its Best Food Logistics unit in Britain to Tesco Plc's unit, Booker Group.