|
|
RMBH - trading statement
Reunert Ltd. has issued a trading statement indicating that its net asset value (NAV) per share is expected to be between 46.06 and 52.64 cents as at 31 March 2026, representing a decline of 20% to 30% compared to 65.8 cents as at 31 March 2025. The NAV was impacted by a R272 million impairment loss on its investment in Atterbury Property Holdings Proprietary Ltd., following an impairment assessment under IAS 36. Additionally, the NAV was affected by the elimination of crossholdings after RMH shares were acquired by Atterbury Fund Proprietary Ltd. and AttBid Proprietary Ltd., in accordance with IAS 32. Further details will be provided in RMH’s unaudited interim results for the six months ending 31 March 2026, expected around 25 May 2026.
Further details regarding the elimination of the crossholding will be included in RMH's unaudited condensed interim results for the six months ended 31 March 2026, expected to be released on or about 25 May 2026.
|
|
Click here for original article
|
| |
| |
| Click here for full news archive for this company |
|
| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
| |
|
|
