Closure of FSCA investigation on market abuse by NEPI Rockcastle
NEPI Rockcastle welcomes the conclusion of the investigation by the Financial Sector Conduct Authority (FSCA) relating to allegations of market abuse.
PwC report finds no conclusive evidence to confirm allegations made against Fortress
The PwC investigation commissioned in November last year by the Special Subcommittee of the board of directors of Fortress REIT Ltd (JSE: FFA and FFB), has found no conclusive evidence to confirm any of the allegations made against the Company or its Management in respect of market manipulation or insider trading and in respect of undue related party benefits or wrongdoing in historic property transactions.
Closure of FSCA possible false or misleading reporting investigation
Stakeholders’ attention is drawn to the announcement issued on 6 May 2019 by South Africa’s Financial Services Conduct Authority.
Fortress subcommitte confirms PwC investigation making solid progress, due completion around end of April
The Subcommittee of the Board of directors of Fortress REIT Ltd (JSE: FFA and FFB), which was set up on September 6 last year to review allegations made against the company and certain past and current directors, is making solid progress in delivering on its mandated scope of work.
SAPOA supports upgrades in the Inner City of Johannesburg
In an effort to create an efficient City, the City of Joburg engaged with property owners and managers, investigating the feasibility of implementing managed lanes within the Joburg Inner City.
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