Bonatla Property reports a 3.80c diluted loss per share from continuing operations for the year ended December from a loss of 0.75c in the previous period.
Bonatla Property Holdings announced on Thursday that it had returned to profitability, with headline earnings per share for the year ended December 2010 expected to improve by more than 200% from the headline loss in the corresponding period in 2009.
Bonatla Property Holdings has decided not to pursue its plans to acquire two shopping centres owned by troubled property syndicate Sharemax.
You’d struggle to find a better emblem of the bubbling conflicts of interest that scar the property industry than the Hospitality Property Fund — symptomatic of a sector where “anything goes” is almost a mission statement.
It has been a torrid year for anyone unfortunate enough to have bought shares in property company Bonatla. With the sheriff banging on the company's door for unpaid debts, next year could be even worse.
Shares in South African property group, Bonatla (BNT), were halted on the JSE on Tuesday afternoon following the publication of an article with "price sensitive" information.
Listed property company Bonatla Property Holdings says it plans to have its listing on the local exchange reinstated as soon as possible.
Property loan stock company will apply to the JSE to lift the suspension on trading for the company's linked units
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