Edition:
India

Resilient Reit Ltd (RESJ.J)

RESJ.J on Johannesburg Stock Exchange

3,364.00ZAc
25 Sep 2020
Change (% chg)

-151.00 (-4.30%)
Prev Close
3,515.00
Open
3,515.00
Day's High
3,649.00
Day's Low
3,333.00
Volume
477,572
Avg. Vol
1,196,856
52-wk High
6,999.00
52-wk Low
3,007.00

Latest Key Developments (Source: Significant Developments)

Resilient REIT Ltd FY Headline Loss Per Share 651,60 Cents
Wednesday, 26 Aug 2020 

Aug 26 (Reuters) - Resilient Reit Ltd ::RESILIENT REIT LTD - HAS DECLARED A FINAL DIVIDEND OF 100,48 CENTS PER SHARE FOR 2H2020.RESILIENT REIT LTD - RESILIENT IS STILL IN DISCUSSIONS TO SELL CERTAIN PROPERTY ASSETS.RESILIENT REIT LTD - FY TOTAL REVENUE 3.74 BILLION RAND VERSUS 3.81 BILLION RAND.RESILIENT REIT - FINAL DIVIDEND WAS NEGATIVELY IMPACTED BY COVID-19 LOCKDOWN AND TERMINATION OF GROUP'S CROSS-CURRENCY SWAPS.RESILIENT REIT LTD - FY HEADLINE LOSS PER SHARE 651,60 CENTS.RESILIENT REIT LTD - PURCHASERS HAVE CONFIRMED ONGOING INTEREST IN PROPERTY ASSETS; NEGOTIATIONS HAVE BEEN DELAYED DUE TO COVID-19..RESILIENT REIT LTD - NOT IN A POSITION TO PROVIDE GUIDANCE FOR FY2021.RESILIENT REIT LTD - BOARD ANTICIPATES THAT ECONOMIC RECOVERY WILL BE GRADUAL AND UNEVEN..  Full Article

Resilient REIT Says Reached Agreement For Rentals On Lockdown Period With Over 90% Of Tenants In S.Africa
Tuesday, 30 Jun 2020 

June 30 (Reuters) - Resilient Reit Ltd ::RESILIENT REIT LTD - AGREEMENT FOR RENTALS OVER LOCKDOWN PERIOD HAS BEEN REACHED WITH OVER 90% OF TENANTS IN S.AFRICA.RESILIENT REIT LTD - TO DATE, RESILIENT'S PRO RATA SHARE OF TENANT RELIEF SINCE 27 MARCH 2020 AMOUNTS TO C. R160 MILLION IN SOUTH AFRICA.RESILIENT REIT LTD - AGREEMENT FOR RENTALS OVER LOCKDOWN PERIOD HAS BEEN REACHED WITH OVER 90% OF TENANTS IN SOUTH AFRICA.RESILIENT REIT- EDCON'S BUSINESS RESCUE PRACTITIONERS ADVISED EXPECTATION TO GET BINDING OFFERS FOR INDIVIDUAL COMPONENTS OF BUSINESS BY END OF JUNE.  Full Article

Resilient REIT Says Will Fully Impair Remaining Balances Of Edcon At June
Friday, 8 May 2020 

May 8 (Reuters) - Resilient Reit Ltd ::JSE: RES - RES40 - BUSINESS UPDATE.RESILIENT REIT LTD - CONFIRMS ITS INTENTION TO CONTINUE TO DECLARE AND PAY DIVIDENDS.RESILIENT REIT LTD - RESILIENT WILL DELAY PUBLICATION OF ITS ANNUAL RESULTS TO 26 AUGUST 2020.RESILIENT REIT - REGARDING EDCON GROUP WILL FULLY IMPAIR REMAINING BALANCES AT JUNE 2020 (ABOUT R46 MILLION).RESILIENT REIT LTD - AT DECEMBER 2019, RESILIENT IMPAIRED BY 50% VALUE OF ITS INVESTMENT IN EDCON.  Full Article

Resilient REIT Reports HY HEPS Of 155,91 Cents
Friday, 14 Feb 2020 

Feb 14 (Reuters) - Resilient Reit Ltd ::JSE: RES - RES40 - UNAUDITED CONSOLIDATED INTERIM FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2019.RESILIENT REIT LTD - DECLARED AN INTERIM DIVIDEND OF 267,96 CENTS PER SHARE FOR SIX MONTHS ENDED DECEMBER 2019.RESILIENT REIT - HY TOTAL REVENUE 1.90 BILLION RAND VERSUS 1.91 BILLION RAND.RESILIENT REIT LTD - HY HEADLINE EARNINGS PER SHARE 155,91 CENTS.RESILIENT REIT LTD - BOARD HAS RECONFIRMED ITS GUIDANCE OF APPROXIMATELY 5% FOR FULL FINANCIAL YEAR.RESILIENT REIT LTD - HY BASIC EARNINGS PER SHARE 148,52 CENTS.RESILIENT REIT - FSCA CONCLUDED ITS MARKET ABUSE INVESTIGATION INTO CO, FOUND CO DID NOT CONTRAVENE SECTION 81 OF FINANCIAL MARKETS ACT 19 OF 2012.  Full Article

Resilient Reit Confirms Guidance Of About 5% Growth In Dividends Per Share For FY20
Monday, 25 Nov 2019 

Nov 25 (Reuters) - Resilient Reit Ltd ::PRE-CLOSE UPDATE.CONFIRMS ITS GUIDANCE OF APPROXIMATELY 5% GROWTH IN DIVIDENDS PER SHARE FOR FY2020.IS IN DISCUSSIONS WITH THIRD PARTIES TO SELL SIX PROPERTY ASSETS.FSCA CONFIRM INVESTIGATION OF ALLEGATIONS ON MANIPULATION OF SHARES BY MARKET PARTICIPANTS ONGOING, EXPECT TO BE OVER EARLY IN 2020.FSCA CONFIRM INVESTIGATION OF ALLEGATIONS RELATING TO MANIPULATION OF CO SHARE PRICE BY MARKET PARTICIPANTS NOT INTO AFFAIRS OF CO.  Full Article

Resilient Reit Says FSCA Closed Investigation Into Financial Statements Misstatement
Friday, 8 Nov 2019 

Nov 8 (Reuters) - Resilient Reit Ltd ::RESILIENT REIT - FSCA INFORMED CO OF DECISION THAT CO DID NOT NEGLIGENTLY OR INTENTIONALLY MISSTATE RESILIENT'S 2013 TO 2017 FINANCIAL STATEMENTS.RESILIENT REIT LTD - FINANCIAL SECTOR CONDUCT AUTHORITY CLOSED ITS INVESTIGATION INTO MISSTATEMENT OF CO'S 2013 TO 2017 FINANCIAL STATEMENTS.  Full Article

Resilient REIT Says Monica Muller To Replace Hanekom As CFO
Friday, 1 Nov 2019 

Nov 1 (Reuters) - Resilient Reit Ltd ::MONICA MULLER WILL BE APPOINTED TO BOARD AND REPLACE MR HANEKOM AS CHIEF FINANCIAL OFFICER.ANDRIES DE LANGE HAS RESIGNED AS A DIRECTOR AND CHIEF OPERATING OFFICER OF RESILIENT.NICK HANEKOM WILL ASSUME ROLE OF CHIEF OPERATING OFFICER.  Full Article

Resilient Reit Reports FY HEPS Of 468,87 Cents
Friday, 16 Aug 2019 

Aug 16 (Reuters) - Resilient Reit Ltd ::JSE: RES - RES34 - SHORT-FORM ANNOUNCEMENT: CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2019.RESILIENT REIT LTD - BOARD HAS DECLARED A FINAL DIVIDEND OF 267,40 CENTS PER SHARE FOR SIX MONTHS ENDED JUNE 2019.RESILIENT REIT LTD - FY HEADLINE EARNINGS PER SHARE 468,87 CENTS.RESILIENT REIT - FY TOTAL REVENUE 3.81 BILLION VERSUS 3.87 BILLION RAND.RESILIENT REIT LTD - FY BASIC EARNINGS PER SHARE 1 246,14 CENTS.RESILIENT REIT LTD - DISTRIBUTION IS FORECAST TO INCREASE BY APPROXIMATELY 5% FOR NEXT FINANCIAL YEAR.RESILIENT - DECISION NOT TO DISTRIBUTE 40,9% BASIC RENTAL FROM EDGARS, EDGARS BEAUTY, MAC, JET STORES TO REDUCE 2020 DISTRIBUTION BY ABOUT R44 MILLION.  Full Article

Resilient REIT Sees FY Distribution To Be At Lower End Of Guidance
Tuesday, 25 Jun 2019 

June 25 (Reuters) - Resilient Reit Ltd ::FROM 1 APRIL, CO WILL ONLY BE INCLUDING 59,1% OF BASIC RENTAL ON EDGARS, EDGARS BEAUTY & JET STORES IN DISTRIBUTABLE EARNINGS.DISTRIBUTION NOW EXPECTED TO BE AT LOWER END OF GUIDANCE.EDGARS INTENDS CLOSING TWO STORES WHICH WILL RESULT IN AN R11,1 MILLION REDUCTION IN DISTRIBUTABLE EARNINGS FOR 2019 FINANCIAL YEAR.  Full Article

BRIEF-Resilient REIT Says Reached Agreement For Rentals On Lockdown Period With Over 90% Of Tenants In S.Africa

* RESILIENT REIT LTD - AGREEMENT FOR RENTALS OVER LOCKDOWN PERIOD HAS BEEN REACHED WITH OVER 90% OF TENANTS IN S.AFRICA