INDUSTRIALS & ENERGY

Chemco delisted

Agro-focused firm Chemco Holdings has been delisted from the Zimbabwe Stock Exchange with effect from today.Trade in Chemco shares was suspended in 2012 and shareholders felt that corrective actions f...

By Staff reporter | Published: 08 May 2014
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INDUSTRIALS & ENERGY

Chemco shareholders approve debt-to-equity swap

ZSE-listed agro-industrial concern Chemco's shareholders have approved a debt-to-equity swap with parent company TSL Holdings.In a notice to shareholders today, the company said TSL will compulsorily ...

By Staff reporter | Published: 14 April 2014
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INDUSTRIALS & ENERGY

Chemco shareholders approve takeover

Chemco minority shareholders approved the proposal for TSL to take full control of the agro chemicals business during an EGM held this morning.The shareholders passed all the resolutions namely; incre...

By Staff reporter | Published: 13 March 2014
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INDUSTRIALS & ENERGY

Chemco in debt, equity swap deal

Listed Chemco Holdings limited plans to convert a debt owed to TSL into equity. Consequently, TSL - owed around $2 million - will increase its shareholding to 81.64% in the agro-focused group. Chemco ...

By Staff reporter | Published: 21 February 2014
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INDUSTRIALS & ENERGY

Chemco plans to delist by April this year

Chemco Holdings plans to delist from the Zimbabwe Stock Exchange this year as it seeks shareholder approval for the transaction due to limited retail and institutional investor interest in Chemco shar...

By Staff reporter | Published: 21 February 2014
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INDUSTRIALS & ENERGY

Improved performance from Chemco

For FY 2013, Chemco posted an improved operating performance following the restructuring of the company. The operating loss reduced by 83% to $153,256. Net gearing deteriorated to an untenable 1...

By Staff reporter | Published: 21 February 2014
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INDUSTRIALS & ENERGY

Chemco release a dismal set of results

Chemco released a dismal set of results showing a decline in group revenue by 27% to $2.3m mainly due to the disposal of TS Timber operations. Loss before tax declined by 77%, the decline was attribu...

By Staff reporter | Published: 29 October 2013
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LANDS & AGRICULTURE

Chemco Holdings mulls ZSE re-listing

Agro-chemicals manufacturer and distributor Chemco Holdings Limited (Chemco) plans to re-list on the Zimbabwe Stock Exchange (ZSE).The group was suspended from the bourse in August last year."The boar...

By Staff reporter | Published: 12 August 2013
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ANNOUNCEMENTS

Chemco trading update

Chemco publishes an update on the suspension of trading in the company’s shares saying the company is still engaged in discussions on a transaction that may have a material impact on the value of th...

By Chemco | Published: 09 August 2013
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INDUSTRIALS & ENERGY

Chemco reports dismal performance

Chemco reported a dismal FY2012 performance as overall group revenue from continuing operations fell by 47% from $6.6 million to $3.5 million. The group recorded a loss after taxation of $1.1 millio...

By Business reporter | Published: 10 June 2013
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