HARARE, January 4 (The Source) – The Zimbabwe Stock Exchange (ZSE) has suspended agro-industrial group, CFI Holdings from trading for three months to allow the company to comply with listing requirements, the bourse said on Thursday.
HARARE, December 18 (The Source) – Messina Investments’ Nicholas Van Hoogstraten said Stalap nominated directors who recently exited the agro-industrial group, CFI Holdings shall be held accountable for the alleged poor corporate governance and will have criminal cases brought against them.
HARARE, December 6 (The Source) – Stalap nominated directors Douglas Mamvura and Ephraim Chawoneka resigned from CFI Holdings board on Tuesday night ahead the agro-industrial group’s extraordinary general meeting (EGM) called to dismiss them.
HARARE, December 5 (The Source) – CFI Holdings acting executive Timothy Nyika has thrown in the towel as the fight for control of the agroindustrial group between major shareholders intensifies.
HARARE,November 13 (The Source)- CFI Holdings acting Chairperson Grace Muradzikwa has resigned ahead of the agro-industrial group’s extraordinary general meeting (EGM) meant to fire her and two other directors. Muradzikwa has been on the board since 2004, she served as the acting chairman since April… Read More
HARARE, October 27 (The Source) – Willoughby’s Investments, one of the major shareholders in CFI Holdings Limited, is now seeking removal of three directors including the acting chairperson, Grace Muradzikwa, escalating the war over control of the agro-industrial conglomerate. Last week Willoughby’s Investments, with support… Read More
HARARE, August 10 (The Source) – Stalap Investment’s offer to CFI minority shareholders flopped with no takers as minorities wait for a higher offering on the local bourse.
HARARE, August 7 (The Source) – The Securities and Exchange Commission (SECZ) says CFI Holdings minority shareholders should disregard an informal offer by Messina Investments which it says undermines the integrity of the market and transparency in trading of equities on the local bourse.
By Simbarashe Zishiri, HARARE, July 31 (The Source) – The Zimbabwe Stock Exchange is struggling to bring order to the bourse after gloves came off in the fight for control of agro-industrial group, CFI Holdings pitting British tycoon Nicholas Van Hoogstraten’s Messina Investments and Zimre’s… Read More
HARARE, July 27 (The Source) – British tycoon, Nicholas Van Hoogstraten on Thursday made a counteroffer to CFI minorities, at 46 cents per share more than double the offer by Stalap as the two rivals intensify their battle for control of the agro-industrial group.Zimre Holdings… Read More
By Simbarashe Zishiri, HARARE, July 21 (The Source) – Agro-industrial group CFI Holdings on Thursday traded at 31,05 cents, 41 percent above Stalap’s minority offer price of 22 cents, raising the possibility of a bidding war among shareholders defending their interests in the agro-industrial group.… Read More
HARARE, July 13 (The Source) – Zimre Holdings Limited’s investment vehicle, Stalap Investment on Thursday made a mandatory offer to all CFI Holding Limited minority shareholders at 22 cents per share after clearance from the Zimbabwe Stock Exchange (ZSE) listing committee.
HARARE, May 5 (The Source) – CFI Holdings on Friday said the group narrowed its after-tax loss to $272,784 in the six months to March 31, from a $6,1 million loss incurred in the prior half year-end, supported by the improved performance of its Farm… Read More
HARARE, March 31 (The Source) – CFI Holdings recorded a 24 percent increase in revenue to $22,6 million in the five months to February 2017 from $18,1 million in the same period last year. Acting chief executive Timothy Nyika told shareholders on Friday that the… Read More
HARARE, March 29 (The Source) – Zimre Holdings is set to make a mandatory offer to compulsorily buy out minority shareholders in CFI after it raised its shareholding in the company to 41,03 percent, said company secretary Panganayi Hare in a statement. Zimre Holdings through… Read More