Listed technology group Ayo Technology Solutions is in trouble with the JSE once again – even as it prepares to go private.
Browsing: Sekunjalo
Iqbal Survé’s Sekunjalo intends buying out minority shareholders in the controversial Ayo Technology Solutions.
The JSE has warned AEEI and Ayo Technology Solutions that they could have their shares suspended from trading.
Ayo Technology Solutions has doubled its gross dividend to 60c/share but given no reason for this even as losses widened.
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.
Britain’s BT Group – formerly British Telecom – has terminated its relationship with Iqbal Survé’s Sekunjalo Group, ending its longstanding relationship with the firm.
The high court has ruled that Ayo Technology Solutions’ bid to overturn First National Bank’s decision last month to close the JSE-listed technology group’s banking facilities will not be heard on an urgent basis.
It turns out the relationship between former Public Investment Corp head Dan Matjila and Iqbal Survé’s Sekunjalo Group was as value-destroying as feared by most commentators.
An unidentified hacker group has made most of the South African Press Association’s archives publicly available and searchable for free, violating the copyright of new owner Sekunjalo Investment Holdings. The group says
Sekunjalo Investment Holdings has made a bid to acquire the news agency operations of the South African Press Association (Sapa) in order to form a new company with participation by other media houses, its chairman announced on Monday. “We intend to take Sapa into territory