Edition:
India

Eoh Holdings Ltd (EOHJ.J)

EOHJ.J on Johannesburg Stock Exchange

1,148.00ZAc
20 Sep 2019
Change (% chg)

-87.00 (-7.04%)
Prev Close
1,235.00
Open
1,200.00
Day's High
1,233.00
Day's Low
1,148.00
Volume
363,463
Avg. Vol
282,156
52-wk High
3,996.00
52-wk Low
900.00

Latest Key Developments (Source: Significant Developments)

Eoh Holdings Sees FY Headline Loss Per Share From Cont Ops Of At Least 1 800 Cents
Wednesday, 18 Sep 2019 

Sept 18 (Reuters) - Eoh Holdings Ltd ::TRADING STATEMENT FOR THE YEAR ENDED 31 JULY 2019.SEES FY LOSS PER SHARE FROM CONTINUING OPERATIONS OF AT LEAST 2 700 CENTS.SEES FY HEADLINE LOSS PER SHARE FROM CONTINUING OPERATIONS OF AT LEAST 1 800 CENTS.EXPECTS AT TIME OF RELEASING FY2019 RESULTS TO PROVIDE MORE CLARITY AROUND IMPACT OF FORENSIC INVESTIGATION ON FINANCIAL STATEMENTS.GROUP REMAINS UNDER SALES AND MARGIN PRESSURE AS A RESULT OF RECENT GOVERNANCE ISSUES AS WELL AS SLOW-DOWN IN ECONOMY.GOOD PROGRESS HAS BEEN MADE ON KEY STRATEGIC INITIATIVES.  Full Article

EOH Holdings Says Board Continues To Investigate R1.2 Bln Of 'Suspicious' Transactions
Wednesday, 28 Aug 2019 

Aug 28 (Reuters) - Eoh Holdings Ltd ::EOH HOLDINGS - FOLLOWING INTERIM UPDATE ON FORENSIC INVESTIGATION ENSAFRICA & BOARD CONTINUE TO INVESTIGATE R1.2 BILLION OF SUSPICIOUS TRANSACTIONS.EOH HOLDINGS LTD - ENSAFRICA INVESTIGATION FOUND EVIDENCE OF A NUMBER OF "GOVERNANCE FAILINGS AND WRONGDOING AT EOH".EOH HOLDINGS LTD - EOH IS SIMULTANEOUSLY ASSESSING FINANCIAL IMPACT OF FINDINGS.EOH - EXPECTS TO HAVE REASONABLE ASSESSMENT ON FINDINGS AT TIME OF ANNOUNCING RESULTS FOR YEAR ENDED 31 JULY 2019 ON OR ABOUT 15 OCTOBER 2019.EOH HOLDINGS - EXACT NATURE OF EACH OF SUSPICIOUS TRANSACTIONS IS IN FINAL STAGES OF BEING VERIFIED.  Full Article

Eoh Says Gross Margin Seen Flat Compared To First Half Of Year
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - Eoh Holdings Ltd ::JSE: EOH - PRE-CLOSING STAKEHOLDER UPDATE.EOH HOLDINGS LTD - GROSS MARGIN IS EXPECTED TO REMAIN FLAT WHEN COMPARED TO FIRST HALF OF YEAR.EOH HOLDINGS LTD - EOH IS WORKING TO IMPROVE ITS BALANCE SHEET EFFICIENCY AND IS MOVING TO RATHER PAY DOWN DEBT THAN HOLD EXCESSIVE CASH BALANCES.EOH HOLDINGS LTD - EXPECTS TO HAVE AVAILABILITY OF R400 MILLION OF ITS OVERDRAFT FACILITIES AT YEAR END.EOH HOLDINGS LTD - CASH BALANCE OF APPROXIMATELY R700 MILLION EXPECTED AT YEAR END.  Full Article

Eoh Appoints Xolani Mkhwanazi As Group Chairman
Wednesday, 5 Jun 2019 

June 5 (Reuters) - Eoh Holdings Ltd ::EOH APPOINTS XOLANI MKHWANAZI AS GROUP CHAIRMAN.MKHWANAZI WAS CHAIRMAN OF BHP BILLITON IN SOUTH AFRICA FROM 2008 TO 2015.  Full Article

Eoh Says Co Is No Longer A Reseller Of Microsoft Software Licences
Monday, 25 Mar 2019 

March 25 (Reuters) - Eoh Holdings Ltd ::UPDATE ON THE MICROSOFT RELATIONSHIP."DISAPPOINTED AT UNILATERAL MANNER IN WHICH MICROSOFT HAS TERMINATED RELATIONSHIP".FURTHER MEETINGS, CORRESPONDENCE BETWEEN CO'S SENIOR EXECUTIVES & LOCAL MICROSOFT LEADERSHIP ONGOING TO DISCUSS IMPACT OF TERMINATIONS .MICROSOFT'S LOCAL OFFICE ADVISED CO THEY INITIATED INVESTIGATIONS INTO CONTRACTS INVOLVING MICROSOFT AND GOVERNMENT WHICH MAY TAKE 6-12 MTHS TO CONCLUDE.FURTHER MEETINGS, TALKS BETWEEN EOH SENIOR EXECUTIVES & LOCAL MICROSOFT LEADERSHIP ONGOING TO SEEK SOLUTION TO LIMIT IMPACT ON CUSTOMERS.ASSESSING AND DISCUSSING VARIOUS ALTERNATIVES TO ENSURE LONG-TERM CONTINUITY OF SERVICE TO ALL CUSTOMERS.MICROSOFT ADVISED THEY WOULD NOT BE ABLE TO ENTER DISCUSSIONS REGARDING RE-INSTATEMENT OF PARTNERSHIP UNTIL CONCLUDED INVESTIGATIONS.EOH IS NO LONGER A RESELLER OF MICROSOFT SOFTWARE LICENCES.MANY EOH GROUP COS RECEIVED 30-DAY NOTICE PERIOD OF MICROSOFT IRELAND'S INTENTION TO TERMINATE MICROSOFT PARTNER NETWORK AGREEMENT .  Full Article

Eoh Holdings Says Asher Bohbot, Founder, Non-Executive Chairman & CEO To Resign From Board
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Eoh Holdings Ltd ::ASHER BOHBOT, FOUNDER, NON-EXECUTIVE CHAIRMAN AND CEO FOR 19 YEARS, WILL BE RESIGNING FROM BOARD EFFECTIVE 28 FEBRUARY 2019.ROB SPOREN, FOUNDING MEMBER OF EOH AND NON-EXECUTIVE DIRECTOR, WILL BE RESIGNING FROM BOARD, EFFECTIVE 28 FEBRUARY 2019.PROCESS TO APPOINT NEW BOARD MEMBERS IS UNDERWAY.  Full Article

EOH Forms An Internal Audit Function Through Appointment Of PwC
Friday, 15 Feb 2019 

Feb 15 (Reuters) - Eoh Holdings Ltd ::JSE: EOH - STAKEHOLDER COMMUNICATION.EOH HOLDINGS LTD - APPOINTMENT OF A NEW GROUP CEO, STEPHEN VAN COLLER.EOH HOLDINGS LTD - APPOINTMENT OF MEGAN PYDIGADU AS NEW GROUP FINANCIAL DIRECTOR IN JANUARY 2019.EOH- APPOINTMENT OF ENSAFRICA FOR INDEPENDENT, ONGOING RISK-BASED, MONITORING, OVERSIGHT ROLE IN ALL CO'S MAJOR SECTOR BIDS, CONTRACTS, ENGAGEMENTS.EOH HOLDINGS LTD - FORMING AN INTERNAL AUDIT FUNCTION ENABLED THROUGH APPOINTMENT OF PWC.  Full Article

Eoh Holdings Is Expecting A Considered Communication From Microsoft In Due Course
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - Eoh Holdings Ltd ::JSE: EOH - MICROSOFT CHANNEL PARTNER UPDATE.EOH HOLDINGS LTD - BOTH EOH AND MICROSOFT ARE AWARE OF URGENCY OF THIS MATTER AND DELIBERATIONS ARE A PRIORITY..EOH HOLDINGS - IS EXPECTING A CONSIDERED COMMUNICATION FROM MICROSOFT IN DUE COURSE, FOLLOWING ITS REPRESENTATIONS TO THEM.  Full Article

Microsoft to terminate Channel Partner Agreement With Eoh Mthombo
Tuesday, 12 Feb 2019 

Feb 12 (Reuters) - Eoh Holdings Ltd ::MICROSOFT CHANNEL PARTNER AGREEMENT.MICROSOFT HAS GIVEN NOTICE OF ITS INTENTION TO TERMINATE ITS CHANNEL PARTNER AGREEMENT WITH EOH MTHOMBO.EOH HAS NOT BEEN PROVIDED WITH ANY REASON FOR NOTICE OF TERMINATION..- EFFECT OF THE TERMINATION NOTICE WILL BE THAT EOH MTHOMBO WILL NO LONGER BE DIRECT RESELLER OF MICROSOFT LICENCES.INITIATED PLANS TO ENSURE "MINIMAL DISRUPTION TO CUSTOMERS" AND LIMIT IMPACT ON BUSINESS FROM MICROSOFT AGREEMENT TERMINATION.EFFECT OF THE TERMINATION NOTICE WILL ALSO BE A PROFIT IMPACT OF APPROXIMATELY R10MILLION IN CURRENT FINANCIAL YEAR.CO'S CEO STEPHEN VAN COLLER ACTIVELY ENGAGING MICROSOFT TO "BETTER UNDERSTAND AND RESOLVE THIS MATTER AS SOON AS PRACTICALLY POSSIBLE".  Full Article

EOH Holdings Says Co Currently Engaged With JSE, Eskom On Eskom's SENS Disclosure
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Eoh Holdings Ltd ::EOH HOLDINGS - ALLEGATIONS IN ESKOM ANNOUNCEMENT ON JAN 28 ARE MATTERS "THAT HAVE BEEN FULLY INVESTIGATED AND MATTERS CONCLUDED LAST YEAR".EOH HOLDINGS - "EOH WAS FOUND NOT TO BE IMPLICATED IN EITHER ALLEGATION" MENTIONED IN ESKOM'S ANNOUNCEMENT ON JAN 28.EOH HOLDINGS - CURRENTLY ENGAGED WITH JSE LIMITED AND ESKOM ON ESKOM'S SENS DISCLOSURE.  Full Article

South African technology group EOH soars on turnaround plan

JOHANNESBURG Shares in South African technology group EOH Holdings have doubled in value since Monday, after it outlined a turnaround plan that included raising 1 billion rand via asset sales.