Corporate News
Title | Date |
|---|---|
| Altech announces appointment of Mr. Moss Leoka as Altech Board Chairman JSE-listed Allied Technologies Limited (Altech) is pleased to announce the appointment of Mr. ML (Moss) Leoka as Chairman of the Board. Mr. Leoka, a Director since 1998, will replace Dr. Hilton Davies, who has resigned as Chairman of the Board. Mr. Leoka is a respected business leader with extensive executive management experience at some of South Africa’s leading corporations, including Tiger Oats, JSE Securities Exchange, Standard Bank Investment Corporation, KPMG and Alliance Capital. | 22 July 2011 |
| Altech announces appointment of Tim Ellis as Group Executive: Converged Services JSE-listed Allied Technologies Limited (Altech) is pleased to announce the appointment of Tim Ellis as Group Executive: Converged Services to the Altech Group, effective 1 September 2011. With more than 20 years of working experience in the Information and Communication Technology (ICT) sector, Ellis was formerly with Cisco as the Sales Director for the Public Sector Business within Africa and emerging markets. | 14 September 2011 |
| Altech announces executive appointments JSE-listed Allied Technologies Limited (Altech) is pleased to announce the appointment of Robin Marsden as Executive: Corporate Finance and Richard Wingfield as Chief Information Officer to the Altech Group. | 2 July 2012 |
| Altech announces Interim Results News Highlights Revenue increased by 6.87% to R5.2 billion Annuity income at 83% of revenue Return on shareholders’ equity at 22.6% South African and most international operations perform to expectations Disposal of Altech’s 75% interest in loss making Altech West Africa Increased emphasis on profitable growth of the top line Cost control, cost reductions and capital management remain key focus areas Expansion opportunities both locally and internationally. Huawei partnership deal signed | 27 September 2012 |
| Altech Announces Interim Results JSE listed Allied Technologies Limited (Altech) today announced the Group’s interim results for the 6 months ended 31 August 2010. Although certain market segments were affected by the global economic conditions, many companies within the Group performed well; most notably Altech Fleetcall, Altech Card Solutions and recent acquisition, Altech NuPay. | 28 September 2010 |
| Altech announces Interim Results News Highlights South African operations show positive results East Africa disappoints Strong management team in place to get business back on track Positive outlook for second half of financial year JSE listed Allied Technologies Limited (Altech) today announced the Group’s interim results for the six months ended 31 August 2011. | 28 September 2011 |
| Altech announces opening of world-class data centre JSE-listed Allied Technologies Limited (Altech) is pleased to announce the opening of the multi-million dollar Altech Sameer East Africa Data Centre in Nairobi, Kenya. The data centre is a joint venture between Altech and the Sameer Group and is the first of its kind in the East Africa region. | 3 February 2012 |
| Altech announces resignation of Group Chief Operating Officer Altech hereby announces the resignation of its Group Chief Operating Officer, Jeffrey Hedberg, which will be effective from the end of January 2012. According to Altech CEO, Craig Venter, Hedberg has decided to pursue his career outside of the Altech Group. | 19 January 2012 |
| Altech announces solid growth Allied Technologies Limited (Altech) today announced another successful half-year for the six months ended 31 August 2007. Revenue increased by 20% to R4 billion, the company’s operating profit increased by 6% to R306 million and headline earnings per share were up 11% to 215 cents. | 26 September 2007 |
| Altech announces sterling full year results JSE listed Allied Technologies Limited (Altech), today announced a sterling set of results for the year ended 28 February 2009. “We are proud to have demonstrated resilience in the challenging global economic conditions. The results underscore our successful strategy of continued globalisation, particularly the progress made in the East African broadband and value-added network services markets. | 23 April 2009 |
