About Noreen Green

This author has not yet filled in any details.
So far Noreen Green has created 85 blog entries.

March 2017

FWA Financial Limited (“FWA”) Completes Take Over of Imara Holdings Limited (“Imara”) to Drive Profitability

March 1st, 2017|

Imara, one of Africa’s leading Asset Management and Advisory groups, is delighted to announce that its suite of products and services, and the teams that run them, have been endorsed by a small consortium of sophisticated private investors. This follows the successful acquisition of 90% of Imara’s total issued share capital by FWA, the investors’ [...]

November 2016

IMARA | Trading Statement – Six months ended 31 October 2016

November 24th, 2016|

In accordance with the rules of the Botswana Stock Exchange, shareholders are advised that Imara Holdings Limited (“Imara” or the “Group”) has continued to encounter difficult trading conditions in the sub-Saharan markets in which it is active. African economies generally, have been affected by weak commodity prices, declines in currency values versus the US Dollar [...]

October 2016

IMARA | Firm Intention Announcement and withdrawal of Imara Cautionary

October 19th, 2016|

INTRODUCTION Shareholders are advised that FWA have submitted a letter to the board of directors of Imara (“Board” or “Imara Board”), constituting a firm intention by FWA to make an offer as contemplated in Chapter 5 of the South African Companies Act 71 of 2008 (“Companies Act”) and Regulation 101 of the Companies Regulations, 2011 [...]

September 2016

IMARA | Renewal of Cautionary Announcement

September 7th, 2016|

Further to the cautionary announcement dated 27 May 2016 and subsequent renewals of the announcement, shareholders are advised that preliminary discussions are still ongoing regarding the making of a potential offer for Imara Holdings Limited. There remains no certainty that an offer will be made or as to the terms of any offer. Accordingly, shareholders [...]

July 2016

IMARA | FY2016 Audited Group results

July 29th, 2016|

The Directors of Imara Holdings Limited have pleasure in announcing the Audited Financial Results of the Group for the twelve months ended 30 April 2016. Below is an extract from the commentary: Key points: Revenue of P95.06 million for the year ended 30 April 2016, down 21.6% from 2015. Pre-tax loss for 2016 of P13.38 [...]

June 2016

IMARA | Renewal of Cautionary Announcement

June 17th, 2016|

Further to the cautionary announcement dated 27 May 2016, shareholders are advised that preliminary discussions are still ongoing regarding the making of a potential offer for Imara Holdings Limited. There remains no certainty that an offer will be made or as to the terms of any offer. Accordingly, shareholders are advised to continue exercising caution [...]

May 2016

IMARA | Cautionary Announcement

May 27th, 2016|

Imara Holdings Limited (“the Company”), announces that it has received an approach and held preliminary discussions regarding the making of a potential offer for the Company. At this stage there is no certainty that an offer will be made or as to the terms of any offer. Accordingly, shareholders are advised to exercise caution when [...]

IMARA | Trading statement

May 24th, 2016|

In terms of the Botswana Stock Exchange Rules, shareholders are advised that Imara Holdings Limited (“Imara” or the “Group”) expects its financial results for the full year ended 30 April 2016 to reflect a loss. The loss will however be smaller than the attributable loss of P15.25 million reported for the full year ended 30 [...]

March 2016

IMARA / SAIFM CSR initiative together with UNISA provides Education and Opportunity

March 2nd, 2016|

This tripartite collaboration will enable 240 finance students over the next three years to write the SAIFM Registered Persons Examinations. This entry qualification required to work for stockbroking firms practically prepares students entering the workplace of financial markets, building on their academic foundations. This commendable initiative comprises of a three year R 600 000 commitment [...]

December 2015

IMARA | Un-audited Group results for the six months ended 31 Oct 2015

December 18th, 2015|

The Directors of Imara Holdings Limited have the pleasure in announcing the un-audited consolidated financial results of the Group for the six months ended 31 October 2015. COMMENTARY On 5 November 2015 the Imara Group (“Imara” or the “Group”) issued a trading statement advising shareholders that Imara had encountered difficult trading conditions in its markets [...]