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Balwin Properties Ltd (BWNJ.J)

BWNJ.J on Johannesburg Stock Exchange

285.00ZAc
18 Jan 2019
Change (% chg)

-13.00 (-4.36%)
Prev Close
298.00
Open
298.00
Day's High
299.00
Day's Low
280.00
Volume
175,182
Avg. Vol
209,324
52-wk High
640.00
52-wk Low
250.00

Latest Key Developments (Source: Significant Developments)

Balwin Properties To Sell Rental Apartments To Balwin Rentals Proprietary
Wednesday, 5 Dec 2018 12:05am EST 

Dec 5 (Reuters) - Balwin Properties Ltd ::JSE: BWN - STRATEGIC RENTAL MODEL INITIATIVE AND SALE BY BALWIN OF RESIDENTIAL RENTAL APARTMENTS TO BALWIN RENTALS PROPRIETARY.BALWIN PROPERTIES LTD - INTRODUCED A REVISED STRATEGIC OBJECTIVE..BALWIN PROPERTIES LTD - VALUE OF NET ASSETS THAT ARE SUBJECT OF TRANSACTION IS R59.84 MILLION.BALWIN - TO SELL 144 RESIDENTIAL RENTAL APARTMENTS IN GREENPARK DEVELOPMENT, 12 RESIDENTIAL RENTAL APARTMENTS IN AMSTERDAM DEVELOPMENT FOR R98.4 MILLION.BALWIN PROPERTIES LTD - WILL NOT BE REQUIRED TO FUND/ PROVIDE SURETIES FOR EXTERNAL FUNDING RAISED BY RENTAL CO TO SETTLE CONSIDERATION FOR DEAL.  Full Article

Balwin Properties Says Existing Dividend Policy Under Review
Thursday, 30 Aug 2018 01:05am EDT 

Aug 30 (Reuters) - Balwin Properties Ltd ::CONTINUED TO DELIVER A POSITIVE TRADING PERFORMANCE.INCREASE IN VAT RATE WHICH TOOK EFFECT IN APRIL WAS ABSORBED INTO SELLING PRICES OF BALWIN APARTMENTS, IMPACTING PROFITABILITY.MANAGEMENT ANTICIPATES HANDING OVER APPROXIMATELY 1 020 APARTMENTS IN SIX MONTH INTERIM PERIOD.WITHIN CHALLENGING MARKET ENVIRONMENT, COST MANAGEMENT AND IMPROVED EFFICIENCIES HAVE REMAINED IMPORTANT FOCUS AREAS.ALL CASH ALLOCATION STRATEGIES ARE CURRENTLY UNDER REVIEW BY MANAGEMENT, INCLUDING EXISTING DIVIDEND POLICY.CASH MANAGEMENT AND PRESERVATION ALSO REMAINS A PRIORITY.  Full Article

Balwin Properties says ‍Board Considering A Dividend Re-Investment Alternative ​
Tuesday, 28 Nov 2017 09:52am EST 

Nov 28 (Reuters) - Balwin Properties Ltd ::BOARD OF DIRECTORS OF BALWIN WAS CONSIDERING A DIVIDEND RE-INVESTMENT ALTERNATIVE ​.‍DIVIDEND RE-INVESTMENT ALTERNATIVE ENTITLES SHAREHOLDER TO ELECT TO RE- INVEST CASH DIVIDEND AND NET CASH DIVIDEND IN RETURN FOR SHARES IN CO.  Full Article

Balwin Properties reports HY ‍dividend of 10 cents per share
Monday, 20 Nov 2017 12:05am EST 

Nov 20 (Reuters) - Balwin Properties Ltd ::BALWIN PROPERTIES LTD - HY ‍DIVIDEND OF 10 CENTS PER SHARE HAS BEEN DECLARED​.BALWIN PROPERTIES LTD - HY ‍HEPS OF 35 CENTS VERSUS HEPS OF 37​ CENTS YEARE AGO.  Full Article

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