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Labat Africa Ltd (LABJ.J)

LABJ.J on Johannesburg Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Labat Africa expects to report six-month profit
Tuesday, 25 Apr 2017 02:54am EDT 

April 25 (Reuters) - Labat Africa Ltd ::Expected will report improved results for six months ended Feb. 28 by more than 100 pct versus year ago, moving from a loss to a profit.Range cannot yet be identified.  Full Article

Labat Africa, Milost Global enter funding agreement
Tuesday, 7 Feb 2017 09:54am EST 

Labat Africa Ltd. : Funding Agreement Between Labat And Milost Global Inc. . Milost's MESA funding agreement includes 250 mln rand facility for subscription of shares in Labat Africa . Says a 250 mln rand facility for subscription of shares in Labat Africa will be used primarily for working capital purposes . Milost's MESA funding agreement includes a 750 mln rand convertible debt facility will be used to finance acquisitions .Says a 750 mln rand convertible debt facility will be used to finance acquisitions.  Full Article

Labat Africa says it has entered into talks that may impact its share price
Monday, 16 Jan 2017 03:05am EST 

Labat Africa Ltd :Has entered into negotiations, which, if successfully concluded, may have a material effect on price of co's securities.  Full Article

Labat Africa expects profit for FY ended Aug. 31 vs loss yr ago
Friday, 25 Nov 2016 02:52am EST 

Labat Africa Ltd : Initial trading statement . Will report improved results for FY ended Aug. 31 2016 by more than 100 pct compared to comparative period, moving from a loss to a profit .Range cannot yet be identified.  Full Article

Labat Africa sees H1 HEPS of 2.83 cents
Wednesday, 1 Jun 2016 11:26am EDT 

Labat Africa Ltd :H1 headline earnings will 2.83 cents per share, representing an increase of 370% on headline loss per share of -1.05 cents for comparable period.  Full Article

Labat Africa Ltd announces final terms regarding acquisition of Reinhardt Transport Group
Friday, 12 Jun 2015 02:45am EDT 

Labat Africa Ltd:Says company and RTG have now concluded an agreement for acquisition subject to certain conditions precedent.Will acquire 100 pct of RTG for consideration of 645 mln Rand.It is intended that financing will be structured by way of 325 mln Rand of debt and balance through private placement of shares in Labat.Intends issuing 240 mln new Labat shares at 150 cents per share to settle balance of consideration.Effective date of transaction is Aug. 1.  Full Article

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BRIEF-Labat Africa expects to report six-month profit

* Expected will report improved results for six months ended Feb. 28 by more than 100 pct versus year ago, moving from a loss to a profit

No consensus analysis data available.