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India

Eoh Holdings Ltd (EOHJ.J)

EOHJ.J on Johannesburg Stock Exchange

1,276.00ZAc
11 Oct 2019
Change (% chg)

86.00 (+7.23%)
Prev Close
1,190.00
Open
1,239.00
Day's High
1,350.00
Day's Low
1,225.00
Volume
327,277
Avg. Vol
268,122
52-wk High
3,612.00
52-wk Low
900.00

Latest Key Developments (Source: Significant Developments)

Eoh Holdings Says Discussions Between Lebashe And New Board Are Ongoing
Friday, 11 Oct 2019 

Oct 11 (Reuters) - Eoh Holdings Ltd ::EOH HOLDINGS LTD - LEBASHE HAS FORMALLY NOTIFIED EOH OF ITS INTENTION NOT TO SUBSCRIBE FOR R250 MILLION THIRD TRANCHE OF SUBSCRIPTION UNDERTAKING.EOH HOLDINGS LTD - DISCUSSIONS BETWEEN LEBASHE AND NEW BOARD ARE ONGOING.  Full Article

EOH Holdings Says Completed Investigation Into R1.2 Bln Suspicious Transactions
Thursday, 10 Oct 2019 

Oct 10 (Reuters) - Eoh Holdings Ltd ::JSE: EOH - FURTHER CAUTIONARY ANNOUNCEMENT.EOH HOLDINGS - BOARD HAS SUBSTANTIALLY COMPLETED INVESTIGATION INTO R1.2 BILLION OF SUSPICIOUS TRANSACTIONS WHICH WERE IDENTIFIED DURING INVESTIGATION.EOH HOLDINGS LTD - ENSAFRICA HAVE ASSISTED EOH IN SUBMITTING FURTHER REPORTS TO AUTHORITIES IN LINE WITH CO'S STATUTORY REPORTING OBLIGATIONS.EOH - ENSAFRICA INVESTIGATION FOUND EVIDENCE OF NO. OF GOVERNANCE FAILINGS - UNSUBSTANTIATED PAYMENTS, TENDER IRREGULARITIES.EOH HOLDINGS - ASSESSED CURRENT FINANCIAL IMPACT OF FINDINGS, TO ANNOUNCE DETAILS AND PROGRESS ON INVESTIGATION OUTCOMES IN FY RESULTS ON OCTOBER 15.EOH - ENSAFRICA ASSISTED EOH IN PROCEEDING WITH CRIMINAL CHARGES AND OTHER LEGAL PROCESSES TO RECOVER LOSSES CAUSED BY PERPETRATORS OF WRONGDOING.EOH HOLDINGS LTD - FAILINGS LIMITED TO PUBLIC SECTOR BUSINESS CENTRALISED IN EOH MTHOMBO (PTY) LTD AND TO A LIMITED NUMBER OF EOH EMPLOYEES.  Full Article

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

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.