In terms of the listings requirements of the Malawi Stock Exchange Limited, a listed company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported next will differ by at least 20% from the financial [...]
FMBcapital Holdings has over 50% balance sheet assets in liquid form, to take advantage of investment opportunities.
FMBcapital Holdings Plc (FMBCH.mw) HY2019 Interim Report We have extracted the Chairman's Statement from the 2019 half year interim report for FMBcapital Holdings Plc (FMBCH.mw), listed on the Malawi Stock Exchange: The establishment of a unified operating platform across the group to extract service and cost efficiencies is still continuing and we are [...]
Review of the period Against the background of a relatively modest 3% growth in total group assets over the period, we have taken steps to deploy a greater proportion of group funds in higher yielding assets. In Zimbabwe, for example, we have placed US$150million in treasury bills for investment purposes and have grown our advances [...]