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India

Resilient Reit Ltd (RESJ.J)

RESJ.J on Johannesburg Stock Exchange

6,455.00ZAc
14 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Resilient Responds To Institutional Investors Who Requested Investigation
Tuesday, 11 Sep 2018 

Sept 11 (Reuters) - Resilient Reit Ltd ::REQUEST FOR INDEPENDENT INVESTIGATION FROM INSTITUTIONAL INVESTORS.CHAIRMAN ALAN OLIVIER WROTE TO CHAIRS OF BOARDS OF INSTITUTIONAL INVESTORS WHO REQUESTED INDEPENDENT INVESTIGATION.CONDUCTED REVIEW OF CONSTITUTION OF BOARD, WITH ONE RESIGNATION, 3 NEW APPOINTMENTS OF INDEPENDENT NON-EXECUTIVE DIRECTORS.PUBLISHED DETAILED INFORMATION RESPONDING TO ALLEGATIONS BY SENS ANNOUNCEMENT AND ON ITS WEBSITE.  Full Article

Fortress REIT Announces ‍Restructure Of Siyakha Education Trusts
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Fortress Reit Ltd ::FORTRESS REIT - ‍RESTRUCTURE OF SIYAKHA EDUCATION TRUSTS, INTENTION TO UNWIND CROSS-SHAREHOLDING, FURTHER CAUTIONARY ANNOUNCEMENT.‍HAS RE-EVALUATED DISTRIBUTION GUIDANCE PROVIDED IN COMMENTARY TO ITS INTERIM RESULTS FOR SIX MONTHS ENDED 31 DECEMBER 2017.​.‍RESILIENT AND CO CONTINUE TO EXPLORE ALTERNATIVES TO ELIMINATE CROSS-SHAREHOLDING BETWEEN THEM; WILL IN DUE COURSE PUT PROPOSALS ​.RESILIENT ‍EXPECTS ITS DISTRIBUTION PER SHARE TO BE APPROXIMATELY 601 CENTS PER SHARE FOR FY 2018 INCREASING BY ABOU 8% FOR FY 2019 ​.‍FORTRESS EXPECTS DISTRIBUTION PER FORTRESS B SHARE WILL BE ABOUT 179 CENTS PER SHARE FOR FY 2018 GROWING BY ABOUT 5% FOR FY 2019 ​.  Full Article

Resilient REIT Opens Talks With Lenders To Siyakha Education Trusts
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - RESILIENT REIT LTD ::‍PRUDENT TO COMMENCE NEGOTIATIONS WITH TRUSTEES OF AND OTHER LENDERS TO SIYAKHA EDUCATION TRUSTS REGARDING ALL LOANS TO TRUSTS, UNDERLYING COLLATERAL​.‍TO COMMENCE NEGOTIATIONS WITH TRUSTEES OF AND OTHER LENDERS TO SIYAKHA EDUCATION TRUSTS REGARDING ALL LOANS TO TRUSTS AND UNDERLYING COLLATERAL​.‍UNABLE TO CONTROL ALL PARTICIPANTS IN NEGOTIATIONS REGARDING CONFIDENTIALITY. OUTCOME OF NEGOTIATIONS MAY IMPACT CO'S DISTRIBUTABLE EARNINGS.  Full Article

Resilient REIT Says To Undertake Independent Review Of Information
Friday, 16 Feb 2018 

Feb 16 (Reuters) - Resilient Reit Ltd ::RESILIENT REIT - ‍HAS NOTED CONSISTENT FEEDBACK FROM ITS SHAREHOLDERS THAT CROSS-SHAREHOLDING OF RESILIENT WITH FORTRESS REIT LIMITED SHOULD BE UNWOUND​.‍BELIEVES THAT THERE IS A NEED FOR A PROMPT INDEPENDENT REVIEW OF INFORMATION AVAILABLE TO IT​.RESOLVED TO COMMISSION THEIR OWN INDEPENDENT REVIEW AND TO MAKE OUTCOME OF THIS REVIEW PUBLIC​.RESILIENT REIT - ‍NOTES THAT ANY INVESTIGATION OF SHARE TRANSACTIONS BY REGULATORS WOULD BE UNDERTAKEN WITH BROAD ACCESS TO INFORMATION NOT AVAILABLE TO CO​.RESILIENT - ‍SCOPE OF REVIEW WILL NOT BE NARROWLY CONSTRAINED AND WILL PRIORITISE REVIEW OF ALL AVAILABLE INFORMATION REGARDING LISTED SHARE ACTIVITY SINCE 1 JULY 2017 BY CO AND EXECUTIVES​.  Full Article

Fortress REIT Says Noted Announcements By Resilient REIT Ltd​
Monday, 12 Feb 2018 

Feb 12 (Reuters) - Fortress Reit Ltd ::‍FORTRESS HAS NOTED ANNOUNCEMENTS BY RESILIENT REIT LIMITED​.‍CONFIRMS THAT INFORMATION IN ANNOUNCEMENTS THAT RELATES TO FORTRESS IS CORRECT​.  Full Article

Resilient REIT Says ‍Response To 36ONE Report
Monday, 12 Feb 2018 

Feb 12 (Reuters) - Resilient Reit Ltd ::‍RESPONSE TO RUMOURS AND ALLEGATIONS EMANATING FROM SHORT SELLERS / WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT​.‍HAS ANALYSED 36ONE REPORT REFERRED TO IN SENS ANNOUNCEMENT RELEASED ON 9 FEBRUARY 2018​.IS OF VIEW THAT THERE IS NO REASON FOR SHAREHOLDERS TO CONTINUE TO EXERCISE CAUTION IN THEIR DEALINGS IN CO'S SECURITIES​.ENGAGED ,WILL CONTINUE TO ENGAGE WITH ITS SHAREHOLDERS, ALL RELEVANT REGULATORS AND AUTHORITIES INCLUDING JSE, DIRECTORATE OF MARKET ABUSE​.‍IS PREPARING A FAQ DOCUMENT TO ADDRESS MATTERS RAISED IN REPORTS AND RUMOURS CIRCULATED IN MARKET OVER LAST FEW WEEKS​.‍IS ENGAGING WITH MAJOR SHAREHOLDERS IN COURSE OF TODAY TO ENSURE ANY OF THEIR CONCERNS ARE ADDRESSED​.  Full Article

Resilient REIT Says 36One Did Not Seek Response To Content Of Report
Friday, 9 Feb 2018 

Feb 9 (Reuters) - Resilient Reit Ltd ::CO HAS BEEN MADE AWARE OF SPECULATION IN INVESTOR COMMUNITY CONCERNING IMPENDING RELEASE OF REPORT RUMOURED TO BE DAMAGING TO CO​.‍REPORT WAS PUBLISHED AND DISSEMINATED ANONYMOUSLY, BUT AUTHORSHIP OF IT HAS BEEN CONFIRMED BY 36ONE ASSET MANAGEMENT PROPRIETARY LTD​.‍36ONE ASSET MANAGEMENT PROPRIETARY LIMITED ARE SAID TO HAVE A LARGE SHORT POSITION ON COMPANIES IDENTIFIED IN REPORT​.‍36ONE DID NOT SEEK COMPANY'S RESPONSE TO ANY OF CONTENT OF REPORT​.  Full Article

Resilient REIT Responds To Navigare Report​
Monday, 5 Feb 2018 

Feb 5 (Reuters) - RESILIENT REIT LTD ::‍BOARD RESPONDS, WHERE APPROPRIATE, TO NAVIGARE REPORT​.‍REPORT DOES NOT CORRECTLY ANALYSE FINANCIAL AND VOTING IMPLICATIONS OF RESILIENT'S HOLDING IN FORTRESS REIT LTD B SHARES​."SATISFIED" THAT ITS PARTICIPATION IN ACCELERATED BOOKBUILD BY GREENBAY PROPERTIES IN AUG 2017 MET ITS INVESTMENT REQUIREMENTS​.‍"NAVIGARE OBSERVATION THAT TRUSTS BOUGHT LARGE NUMBERS OF SHARES IN RESILIENT AND FORTRESS IN DECEMBER 2017 AND JANUARY 2018 IS INCORRECT"​.  Full Article

Resilient REIT Says Operations Remain Sound, Not Impacted By Weakness In Share Prices
Friday, 2 Feb 2018 

Feb 2 (Reuters) - Resilient Reit Ltd ::‍INSTITUTIONAL SHAREHOLDERS HAVE SUGGESTED SIYAKHA EDUCATION TRUSTS BECOME MORE PUBLIC REGARDING THEIR OPERATIONS AND AFFAIRS..‍BOARD HAS REQUESTED TRUSTEES TO RESPOND OPENLY TO INTEREST FROM SOME INVESTORS IN RELATION TO THE SIYAKHA EDUCATION TRUSTS​.INSTITUTIONAL SHAREHOLDERS ALSO SUGGESTED BROAD-BASED EDUCATIONAL INITIATIVES ESTABLISHED BY RESILIENT, BECOME MORE PUBLIC REGARDING OPERATIONS.NOTED CRITICISM OF CROSS-HOLDINGS BETWEEN RESILIENT AND FORTRESS REIT.‍FORTRESS REMAINS AN ATTRACTIVE INVESTMENT.‍HAS NOT BEEN PRESENTED WITH ANY COMPLAINTS OR ALLEGATIONS OF WRONGDOING​.‍OPERATIONS AND AFFAIRS OF COMPANY REMAIN SOUND AND ARE NOT IMPACTED BY ANY WEAKNESS IN SHARE PRICES​.‍HAS NO REASON TO REVISIT ITS STATED GUIDANCE FOR GROWTH IN DISTRIBUTION​.  Full Article

Resilient Reit Sees 13 Pct Higher Dividend For FY Ended June 2018
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Resilient Reit Ltd ::RESILIENT REIT LTD - ANTICIPATES THAT DIVIDEND PER SHARE FOR INTERIM PERIOD ENDED 31 DECEMBER 2017 WILL BE BETWEEN 305.35 CENTS AND 306.70 CENTS.RESILIENT REIT LTD - TRADING IN CURRENT FINANCIAL YEAR HAS BEEN CONSISTENT WITH PROSPECTS PREVIOUSLY COMMUNICATED.RESILIENT REIT - CONFIRMS THAT DIVIDEND FOR FINANCIAL YEAR ENDING 30 JUNE 2018 IS ANTICIPATED TO INCREASE BY APPROXIMATELY 13%, AS PREVIOUSLY GUIDED.  Full Article