Edition:
India

Hosken Consolidated Investments Ltd (HCIJ.J)

HCIJ.J on Johannesburg Stock Exchange

10,800.00ZAc
21 May 2019
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Latest Key Developments (Source: Significant Developments)

Hosken Consolidated ‍restructures interest in Golden Arrow Bus Service
Thursday, 14 Sep 2017 

Sept 14 (Reuters) - HOSKEN CONSOLIDATED INVESTMENTS LTD ::‍RESTRUCTURE OF HCI'S INTEREST IN GOLDEN ARROW BUS SERVICE PROPRIETARY LIMITED​.HCI, NIVEUS INVESTMENTS, LA CONCORDE ENTERED INTO AGREEMENT WHERE NIVEUS INVEST 17 PROPRIETARY WILL BUY HOSKEN PASSENGER LOGISTICS AND RAIL​.‍HPLR WILL BE ACQUIRED BY NEWCO FOR A PURCHASE CONSIDERATION OF APPROXIMATELY R1.8 BILLION​.‍POST IMPLEMENTATION OF GABS ACQUISITION IT IS INTENDED THAT A DIVIDEND OF UP TO R1.2 BILLION WILL BE DECLARED BY NEWCO​.  Full Article

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