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Labat Africa Ltd (LABJ.J)

LABJ.J on Johannesburg Stock Exchange

44.00ZAc
20 Oct 2017
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Thu, Oct 19 2017

BRIEF-Labat Africa announces favourable court order in matter brought by Gem Global Yield Fund LLC

* SAYS ON OCT 16, DEPUTY JUDGE PRESIDENT P. MOJAPELO, DISMISSED CLAIM BROUGHT BY GEM GLOBAL YIELD FUND AGAINST LABAT, WITH COSTS BEING AWARDED TO LABAT​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

BRIEF-Labat Africa says in talks that may effect co's share price

* HAS ENTERED INTO ACQUISITION NEGOTIATIONS, WHICH, IF SUCCESSFULLY CONCLUDED, MAY HAVE A MATERIAL EFFECT ON PRICE OF COMPANY'S SECURITIES

BRIEF-Labat Africa acquires 55 pct stake in Kufika Transport​

* ‍Further increased its logistics capacity and capability with acquisition of a 55% stake in privately owned Kufika Transport​ Source text for Eikon: Further company coverage:

BRIEF-Labat Africa says revenue for six months to Feb 28 up at 20.6 mln rand

* Revenue for six months ended 28 february 2017 increased to r20.6 million from r7.2 million

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

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