Loading...

Remgro falls, earnings down

Nov 28 2012 16:31
Reuters

Company Data

REMGRO LIMITED [JSE:REM]

Last traded 218
Change 4
% Change 2
Cumulative volume 2569892
Market cap 0

Last Updated: 01/01/0001 at 12:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

New CEO for Remgro

Remgro pays tribute to CEO

Vodacom's Pieter Uys to join Remgro

 
Johannesburg - Shares of Remgro [JSE:REM] fell by more than 1% after the company said it is likely to report a more than 20% drop in first-half earnings due to once-off charges incurred by Mediclinic International when it refinanced its debt.

Mediclinic, which is 34.2% owned by Remgro, raised R5bn via a rights offer to refinance debt and fund expansion in October.

By 13:32, Remgro shares were down 1.14% at R146.91, compared with a 0.84% drop in the JSE Top-40 blue chip index.
remgro

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

What toys are you buying this Christmas?

Previous results · Suggest a vote

Loading...