Consolidated Infrastructure Group Limited

CIL

ZAE000153888

Fairfax Africa Investments Proprietary Limited acquired an additional 41.2% stake in Consolidated Infrastructure Group Limited for ZAR 700 million.

January 01, 2019

Fairfax Africa Investments Proprietary Limited acquired an additional 41.2% stake in Consolidated Infrastructure Group Limited (JSE:CIL) for ZAR 700 million on January 2, 2019. Following the acquisition, Fairfax Africa Investments Proprietary Limited increased its equity interest to 49.66% stake in Consolidated Infrastructure Group Limited. Fairfax Africa Investments Proprietary Limited completed the acquisition of an additional stake 41.2% in Consolidated Infrastructure Group Limited (JSE:CIL) on January 2, 2019.

Latest news about Consolidated Infrastructure Group Limited

Raoul Gamsu to Stand Down as Group Chief Executive Officer of Consolidated Infrastructure Group Limited	21-05-11	CI
Raoul Gamsu to Stand Down as Group Chief Financial Officer of Consolidated Infrastructure Group Limited	21-05-11	CI
Raoul Gamsu to Stand Down as Director of Consolidated Infrastructure Group Limited	21-05-11	CI
Enza Construction Ltd completed the acquisition of Tractionel Group from Consolidated Infrastructure Group Limited.	21-05-02	CI
3Energy Renewables Proprietary Limited entered into a sale of shares agreement to acquire Consolidated Power Maintenance Investments Proprietary Limited from Consolidated Infrastructure Group Limited and Consolidated Power Projects Proprietary Limited for ZAR 5.9 million.	21-03-25	CI
Enza Construction Ltd entered into a share sale agreement to acquire Tractionel Group from Consolidated Infrastructure Group Limited for ZAR 7.5 million.	21-02-21	CI
Consolidated Infrastructure Group Limited Announces Appointment of Raoul Gamsu as CFO	21-02-08	CI
Consolidated Infrastructure Group Limited Announces Board Resignation	21-02-08	CI
Consolidated Infrastructure Group Limited Announces Board Changes	20-10-26	CI
Consolidated Infrastructure Group Limited Announces Change to the Audit and Risk Committee	20-10-16	CI
Consolidated Infrastructure Group Limited Announces the Resignation of Cristina Teixeira as Group Chief Financial Officer	20-10-01	CI
Consolidated Infrastructure Group Limited Announces Board Changes	20-10-01	CI
Consolidated Infrastructure Group Limited Announces Resignation of Kofi Bucknor as Independent Non-Executive Director and as A Member of the Remuneration and Nominations Committee	20-08-14	CI
Consolidated Infrastructure Group Limited Announces Resignation of John Beck as Independent Non-Executive Director and as Chairman of the Remuneration and Nominations Committee	20-08-05	CI
Fairfax Africa Holdings Corporation (OTCPK:FFXX.F) acquired 50.45% stake in Consolidated Infrastructure Group Limited.	20-03-17	CI
Consolidated Infrastructure Group Limited Announces Retirement of Kevin Kariuki from the Board	20-02-28	CI
Consolidated Infrastructure Group Limited Announces Earnings Results for the Four Months Ended 31 December 2019	20-02-28	CI
Consolidated Infrastructure Group Limited Auditor Raises 'Going Concern' Doubt	20-02-27	CI
Consolidated Infrastructure Group Limited Provides Earnings Guidance for the Four-Month Period Ended 31 December 2019	20-02-19	CI
Consolidated Infrastructure Group Limited Auditor Raises 'Going Concern' Doubt	19-12-19	CI
Consolidated Infrastructure Group Limited Announces Change in Financial Year End	19-12-02	CI
Consolidated Infrastructure Group Limited Reports Earnings Results for the Full Year Ended August 31, 2019	19-12-02	CI
Consolidated Infrastructure Group Limited Provides Earnings Guidance for the Year Ended 31 August 2019	19-11-26	CI
Consolidated Infrastructure Group Limited and Consolidated Power Projects Ltd Reach Indicative Terms of Agreement on Restructure of Debt	19-07-31	CI
Consolidated Infrastructure Group Limited Reports Earnings Results for the Half Year Ended February 28, 2019	19-06-04	CI

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Company Profile

Consolidated Infrastructure Group Limited is a South Africa-based infrastructure-focused company. The Company is focused primarily on the portfolio of operations, including services and materials in power and electrical, oil and gas, building materials and the railway sector. The Company's segments include Building Materials, Power, Oil & Gas and Rail. The Company is a supplier of high voltage turnkey electrical substations, overhead power lines, renewable energy, wind and solar and related products. The Building Materials segment mines and manufactures a range of aggregates, clay bricks and concrete roof tiles. It provides waste management services to the oil and gas industry. It includes the collection, recycling and disposal of oil-based waste created during the drilling process. It provides transmission lines, substations, as well as installation and maintenance of electrical lines for railway lines.

Sector

Construction & Engineering

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Sector Smart Grid & Power Distribution Construction

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Smart Grid & Power Distribution Construction