Johann Rupert’s listed empire: Remgro, Richemont and Reinet
Shrewd business acumen runs in the Ruperts’ blood; his father Anton founded the original Rembrandt Group in the early 1940s.
Shrewd business acumen runs in the Ruperts’ blood; his father Anton founded the original Rembrandt Group in the early 1940s.
As is customary for a Monday, David Shapiro eases us into the week with a host of investment insight covering local and offshore markets.
Counterpoint Value Fund manager Piet Viljoen gives us the inside scoop on what is happening in local and global investment markets.
Walter Aylett discusses the reasons for investment holding company Reinet being the largest position among his array of investment funds.
Remgro, which holds a variety of different investments, released its interim results which underscore a strained South African economy.
Johann Rupert has promoted a plan that will see up to R10bn in Reinet shares being bought by the company in the open market.
Reinet’s share buyback scheme is intended to protect small shareholders from the 40% discount. Chairman Johann Rupert’s inspiration came from an unlikely source.