WebJan 18, 2024 · Magister and Hamish Rudland have extensive and relevant expertise and experience and are invested in several publicly listed businesses and Tongaat believes that Magister is a suitable... WebJan 17, 2024 · Rudland is the brother of tobacco baron Simon Rudland, whose Gold Leaf Tobacco group is reputedly the largest seller of cigarettes in South Africa by number of …
How Rudland gave Tongaat Hulett shareholders an offer they …
WebFeb 12, 2024 · While Tongaat and Hamish have presented Magister as an accomplished investment vehicle easily able to marshal the R2-billion for the deal, a closer examination … WebMar 24, 2024 · Hamish Rudland won a shareholder vote to underwrite and effectively take control of Tongaat Hulett. However, the Takeover Regulation Panel (TRP) reversed its initial decision after discovering that Simon Rudland’s three daughters were indirect shareholders in Magister via a trust. bus chiavenna
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WebJan 21, 2024 · Tapiwanashe Mangwiro. Zimbabwean business magnet, Hamish Rudland, has taken over 60 percent shareholding in Tongaat Hulett. The business tycoon through the family run Mauritian-based company, Magister, availed R2 billion that is half of the total R4 billion needed for the transaction. WebNov 18, 2024 · Zimbabwe’s Rudland family could take over one of Southern Africa’s biggest sugar producers, Tongaat Hulett, by underwriting the company’s R4 billion rights issue. Magister, a company represented by Hamish Rudland and registered in Mauritius, has just recently engineered the consolidation of Zimplow and Unifreight subsidiaries. … WebJan 19, 2024 · Magister and Hamish Rudland have extensive and relevant expertise and experience and are invested in several publicly listed businesses and Tongaat believes that Magister is a suitable investor.” Both PwC and Tongaat declined to provide any details of the results of the due diligence. busch ibérica s.a