Significant losses at Altech Multimedia and Powertech will contribute to a dismal set of full-year results at technology and industrial group Altron. The group cautioned shareholders on Friday afternoon that although its Altron TMT
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Altron is actively pursuing a sale of its set-top box manufacturing business, Altech UEC, TechCentral has established reliably from two well-placed sources. The group, which is disposing of noncore assets in a restructuring process that will see it focus on its
Troubled technology group Altron has signed a binding agreement to dispose of its long-held subsidiary Aberdare Group for R1,2bn in cash. Altron subsidiary Powertech, which owns Aberdare, has entered into binding agreements to sell Hengtong Optic
Technology group Altron expects to report a 90c/share headline loss in the year ended 29 February 2016, a deterioration from the loss of 3c/share reported a year ago, it warned shareholders after markets closed in Johannesburg on Monday. This compares to a headline
Altron is continuing to shed assets as it restructures its business to become as a more focused and leaner technology group. It announced on Thursday before markets opened that it has reached an agreement to dispose of subsidiary Powertech’s 75% equity stake