Tag: pre-listing statement
Naspers capitalisation could be taxing
SA investors taking up stock in Prosus when it lists next month may be liable for capital gains tax. Naspers has cautioned investors on the tax implications ahead of next month's listing of its international assets in Amsterdam.
Naspers sets date for MultiChoice listing
The unbundling and listing of MultiChoice will result in Naspers shareholders holding a direct interest in the video entertainment business. Naspers expects to unbundle and list its MultiChoice business on the JSE by the end of February if all goes according to plan. In a pre-listing statement, the global internet and media business said shares in the video entertainment business would start trading on the JSE on 27 February.
MultiChoice targets African growth with listing
The video entertainment group says it will focus on returning its loss-making operations outside of South Africa to profitability as it prepares for a February listing. MultiChoice will list on the JSE at the end of next month in a move that will position Africa’s biggest pay-TV operator for further growth across the continent.
