Dec 11, 2013
ConvergeNet Holdings has issued a trading statement warning of losses for the 12 months ended 31 August 2013. This follows an earlier trading statement issued in November and warns of a basic loss per share of between 10,62 cents and 12,16 cents; and a headline loss...
Dec 3, 2013
Sizwe IT Group, a Level 2 B-BBEE accredited ICT services company, has announced the buyout of the company and its subsidiaries from the ConvergeNet Group with some regulatory conditions to be fulfilled. The transaction, valued at R120-million, was effective as of 1...
Nov 26, 2013
ConvergeNet Holdings has issued a trading statement, warning shareholders that it will probably increase its loss per share by about 20% for the 12 months ended 31 August 2013 compared to last year. A decrease in the basic and headline earnings per share for the year...
Jul 30, 2013
Deteriorating financial performance has prompted the restructure of ConvergeNet, entailing the closure of the company’s head office, the disposal of some non-core subsidiaries, rationalisation of its legal structure, and a restructuring of the authorised and issued...
