The JSE has warned AEEI and Ayo Technology Solutions that they could have their shares suspended from trading.
Browsing: AEEI
Ayo Technology Solutions has severely criticised the JSE after the bourse on Thursday publicly censured the company.
The JSE has fined Ayo Technology Solutions and publicly censured the company over further breaches of the listings requirements.
Ayo Technology Solutions has doubled its gross dividend to 60c/share but given no reason for this even as losses widened.
Nedbank will on 15 March withdraw banking services provided to AEEI, the investment company controlled by controversial businessman Iqbal Survé.
Last week’s announcement by Sekunjalo’s African Equity Empowerment Investments that BT Group was not entitled to claim back the 30% stake in BT South Africa held by AEEI was a little puzzling.
African Equity Empowerment Investments, controlled by Iqbal Survé’s Sekunjalo Group, has told Britain BT Group that it can’t exercise a call option to terminate its agreements with the company.
The Public Investment Corp and African Equity and Empowerment Investment Group, Sekunjalo’s listed vehicle, value Ayo Technology Solutions at a healthy R14.8bn. The market values it at R11.3bn, which, while substantially