Edition:
India

Tiger Brands Ltd (TBSJ.J)

TBSJ.J on Johannesburg Stock Exchange

20,419.00ZAc
4 Dec 2020
Change (% chg)

665.00 (+3.37%)
Prev Close
19,754.00
Open
20,450.00
Day's High
20,450.00
Day's Low
19,948.00
Volume
294,344
Avg. Vol
607,365
52-wk High
22,343.00
52-wk Low
14,381.00

Latest Key Developments (Source: Significant Developments)

Tiger Brands Updates On Disposal Of Value-Added Meat Products Business
Wednesday, 30 Sep 2020 

Sept 30 (Reuters) - Tiger Brands Ltd ::JSE: TBS - UPDATE ON THE DISPOSAL OF THE VALUE-ADDED MEAT PRODUCTS BUSINESS.TIGER BRANDS - ACQUISITION OF ABATTOIR BUSINESS AT OLIFANTSFONTEIN BY MOLARE PROPRIETARY LIMITE HAS BECOME UNCONDITIONAL.TIGER BRANDS - ACQUISITION OF ABATTOIR BUSINESS AT OLIFANTSFONTEIN BY MOLARE PROPRIETARY LIMITED HAS BECOME UNCONDITIONAL.TIGER BRANDS - TIGER BRANDS HAS RECEIVED R100 MILLION CASH CONSIDERATION.TIGER BRANDS - ACQUISITION OF MEAT PROCESSING BUSINESSES AT GERMISTON, POLOKWANE AND PRETORIA BY COUNTRY BIRD REMAINS SUBJECT TO SUSPENSIVE CONDITIONS.  Full Article

Tiger Brands Says Khotso Mokhele To Step Down As Chairman
Friday, 21 Aug 2020 

Aug 21 (Reuters) - Tiger Brands Ltd ::JSE: TBS - RETIREMENT OF CURRENT CHAIRMAN, APPOINTMENT OF CHAIRMAN DESIGNATE AND CHANGES TO BOARD COMMITTEES.TIGER BRANDS - APPOINTED MS GERALDINE FRASER-MOLEKETI AS INDEPENDENT NON-EXECUTIVE DIRECTOR AND CHAIRMAN DESIGNATE.TIGER BRANDS - CURRENT CHAIRMAN, DR KHOTSO MOKHELE WILL STEP DOWN FROM HIS POSITION AS CHAIRMAN.TIGER BRANDS - GERALDINE FRASER-MOLEKETI WILL ASSUME ROLE OF CHAIRMAN WITH EFFECT FROM 1 JANUARY 2021..  Full Article

Tiger Brands Sees FY HEPS From Contops 29%-33% Lower
Friday, 21 Aug 2020 

Aug 21 (Reuters) - Tiger Brands Ltd ::TIGER BRANDS - HEPS FROM CONTINUING OPERATIONS FOR YEAR ENDING 30 SEPTEMBER 2020 IS EXPECTED TO BE BETWEEN 29% AND 33% LOWER.TIGER BRANDS - HEPS FROM TOTAL OPERATIONS FOR YEAR ENDING 30 SEPTEMBER 2020 IS EXPECTED TO BE BETWEEN 35% AND 40% LOWER.TIGER BRANDS - REVENUE FROM CONTINUING OPERATIONS FOR THREE MONTHS TO JUNE ROSE BY 11% TO R7.2 BILLION.TIGER BRANDS - ON EXITING DECIDUOUS FRUIT BUSINESS, CO RETAINED SERVICES OF ABSA INVESTMENT BANKING DIVISION.TIGER BRANDS - SEEN ROBUST VOLUME GROWTH IN CERTAIN OF ITS CATEGORIES FOR QUARTER ENDED JUNE 2020.  Full Article

Tiger Brands Progresses Disposal Of Its Value-Added Meat Products Business
Monday, 17 Aug 2020 

Aug 17 (Reuters) - Tiger Brands Ltd ::TIGER BRANDS PROGRESSES DISPOSAL OF ITS VALUE-ADDED MEAT PRODUCTS BUSINESS.MOLARE WILL ACQUIRE ABATTOIR BUSINESS, AS A GOING CONCERN, FOR A TOTAL CASH CONSIDERATION OF R100,000,000 (ONE HUNDRED MILLION RAND).SILVER BLADE WILL ACQUIRE MEAT PROCESSING BUSINESSES AS GOING CONCERNS, FOR A TOTAL CASH CONSIDERATION OF R153 MILLION.  Full Article

Tiger Brands Appoints Deepa Sita As CFO
Wednesday, 15 Jul 2020 

July 15 (Reuters) - Tiger Brands Ltd ::JSE: TBS - APPOINTMENT OF CHIEF FINANCIAL OFFICER AND EXECUTIVE DIRECTOR.TIGER BRANDS - DEEPA SITA HAS BEEN APPOINTED AS CHIEF FINANCIAL OFFICER.TIGER BRANDS - DEEPA SITA HAS BEEN APPOINTED AS CHIEF FINANCIAL OFFICER.TIGER BRANDS - ACTING CHIEF FINANCIAL OFFICER PAMELA PADAYACHEE WILL CONTINUE IN THIS ROLE UNTIL 30 SEPTEMBER.  Full Article

Tiger Brands Sees HY HEPS From Total Ops Between 228 Cents And 201 Cents
Wednesday, 20 May 2020 

May 20 (Reuters) - Tiger Brands Ltd ::TIGER BRANDS LTD - HY EPS FROM TOTAL OPERATIONS IS EXPECTED TO BE BETWEEN 216 CENTS AND 190 CENTS.TIGER BRANDS LTD - HY EPS FROM CONTINUING OPERATIONS (INCLUDING VAMP) IS EXPECTED TO BE BETWEEN 228 CENTS AND 201 CENTS.TIGER BRANDS LTD - HY EPS IS IMPACTED BY A SIGNIFICANTLY HIGHER IMPAIRMENT CHARGE OF R557 MLN.  Full Article

Tiger Brands Says Total Interest In Shares Held By Silchester Amounts To 15.01% Of Total Shares
Monday, 20 Apr 2020 

April 20 (Reuters) - Tiger Brands Ltd ::TOTAL INTEREST IN SHARES OF COMPANY HELD BY SILCHESTER NOW AMOUNTS TO 15.01% OF TOTAL ISSUED ORDINARY SHARES OF COMPANY.  Full Article

Tiger Brands Says Sprucegrove Investment Management Holds 5.05% Of Co's Total Ordinary Shares
Thursday, 27 Feb 2020 

Feb 27 (Reuters) - Tiger Brands Ltd ::ACQUISITION OF SECURITIES BY SPRUCEGROVE INVESTMENT MANAGEMENT LIMITED.TOTAL INTEREST IN CO'S SHARES HELD BY SPRUCEGROVE INVESTMENT MANAGEMENT AMOUNTS TO 5.05% OF TOTAL ISSUED ORDINARY SHARES OF CO.  Full Article

Tiger Brands Sees HY HEPS Between 478 Cents - 533 Cents
Wednesday, 12 Feb 2020 

Feb 12 (Reuters) - Tiger Brands Ltd ::TRADING UPDATE AND TRADING STATEMENT FOR THE SIX MONTHS ENDING 31 MARCH 2020.HY HEPS FROM TOTAL OPERATIONS IS EXPECTED TO BE BETWEEN 533 CENTS AND 478 CENTS.A CONTINUATION OF DIFFICULT TRADING CONDITIONS IS ANTICIPATED IN Q2.SEES HY EPS FROM TOTAL OPERATIONS IS EXPECTED TO BE AT LEAST 36% LOWER THAN 864 CENTS REPORTED FOR SAME PERIOD LAST YEAR.Q1 REVENUE FROM CONTINUING OPERATIONS AMOUNTING TO R8.4 BILLION, WAS IN LINE WITH COMPARABLE PERIOD LAST YEAR.PERFORMANCE OF EXPORT DIVISION WILL CONTINUE TO BE AFFECTED BY LEGAL DISPUTE IN NIGERIA.A FORMAL DUE DILIGENCE PROCESS COMMENCED IN RESPECT ON NON-BINDING INDICATIVE OFFERS RECEIVED.  Full Article

Tiger Brands Appoints Noel Doyle As Chief Executive Officer
Friday, 31 Jan 2020 

Jan 31 (Reuters) - Tiger Brands Ltd ::JSE: TBS - APPOINTMENT OF ACTING CHIEF FINANCIAL OFFICER, RESIGNATION OF A DIRECTOR AND WITHDRAWAL OF PROPOSED AGM RESOLUTION.TIGER BRANDS LTD - APPOINTMENT OF CURRENT CHIEF FINANCIAL OFFICER, NOEL DOYLE TO CHIEF EXECUTIVE OFFICER ROLE, WITH EFFECT FROM 1 FEBRUARY 2020.TIGER BRANDS LTD - PAMELA PADAYACHEE HAS BEEN APPOINTED AS ACTING CHIEF FINANCIAL OFFICER WITH EFFECT FROM 1 FEBRUARY 2020.  Full Article

UPDATE 2-South Africa's Tiger to cut costs after 2020 earnings hit

* Signs of recovery in FY 2021 (Adds strategy plan, FY 2021 outlook)