ARC doubles portfolio value since listing
By Londiwe Buthelezi Patrice Motsepe’s African Rainbow Capital (ARC) almost doubled its investments just nine months after it listed on the JSE. The investment group listed in September 2017 with an asset portfolio of R4.47bn. Since then, through acquisitions,…
Media Statement FY Sept2018
Key highlights 2 % annualised increase in Intrinsic Net Asset Value (INAV) to R9,558 billion INAV per share of R9.23 (Diluted R9.12) Intrinsic Portfolio Value (IPV) of R8,147 billion Net Investments of R2,735 billion made in period Available cash of…
