RMH slumps as net asset value falls by double digits
RMB Holdings' strategy of focusing on property is starting to deliver for investors, but its shares fell more than 10% on Tuesday.
Source: news24.com
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RMH shareholders to get a large dividend
Proceeds of Atterbury Europe disposal and distribution of excess capital returns nearly R2bn to shareholders.
Brian Roberts Atterbury Europe Integer Properties International Financial Reporting Standards Atterbury Property Holdings Proprietary Rand Merchant Bank
Source: moneyweb.co.za
RMH rejects R1.75 bn from Brightbridge and Fledge in bids to buy its property investment assets citing offers were too low
The RMH board said it had considered a number of factors in arriving at its view of the approaches.
South Africa Atterbury Europe Integer Properties International Financial Reporting Standards Divercity Property Fund Atterbury Group
Source: iol.co.za
Brightbridge seeks to acquire RMH's major property investments
RMB Holdings (RMH), after unbundling its investment in FirstRand last year, has received a R1.75 billion approach from Cyprus-based Brightbridge Real Estate to acquire its property investments held through RMH Property.
Source: iol.co.za
Cyprus-based Brightbridge wants to buy a huge chunk of RMH's assets
RMB Holdings says it was recently approached by Brightbridge Real Estate, which wants to buy R1.75 billion worth of its assets.
South Africa Atterbury Europe Integer Properties Rmb Holdings Divercity Urban Property Fund Atterbury Property Holdings
Source: news24.com