Last 156.00
Change Today -14.00 / -8.24%
Volume 560.0
SER On Other Exchanges
As of 11:00 AM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

seardel investment corp ltd (SER) Snapshot

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52 Week High
10/4/13 - $273.83
52 Week Low
05/17/13 - $99.26
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Average Volume 10 Days
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seardel investment corp ltd (SER) Details

Seardel Investment Corporation Limited operates as a diverse investment company in southern Africa. The company operates through the Properties, Branded Product Distribution, Textiles, Industrials, and Clothing segments. The Properties segment manages the company’s industrial property portfolio. The Branded Product Distribution segment is engaged in the sourcing and distribution of branded products, such as toys, electronics, stationery, and clothing. The Textiles segment manufactures fabric and household textiles. The Industrials segment manufactures industrial products for the building, automotive, paint, bedding, mining, and chemical industries. The Clothing segment manufactures apparel products for the local and export markets. The company is based in Cape Town, South Africa. Seardel Investment Corporation Limited is a subsidiary of Fulela Trade and Invest 81 (Pty) Ltd.

5,917 Employees
Last Reported Date: 09/16/13

seardel investment corp ltd (SER) Top Compensated Officers

Group Chief Executive Officer, Executive Dire...
Total Annual Compensation: R4.3M
Chief Financial Officer, Finance Director, Ex...
Total Annual Compensation: R2.0M
Executive Director and Chairman of Social & E...
Total Annual Compensation: R860.0K
Compensation as of Fiscal Year 2013.

seardel investment corp ltd (SER) Key Developments

Yunis Shaik Joins Seardel's Board of Directors as Non-Executive Director and Resigns from its Audit Committee

Seardel Investment Corporation Limited announced that Mr. Yunis Shaik’s designation on the Seardel board of directors has changed from independent non-executive director to non-executive director, further to his appointment as an executive director of Hosken Consolidated Investments (HCI) as announced on March 19, 2014. As a result of the above, Mr. Shaik has tendered his resignation as a member of Seardel’s audit committee, with immediate effect.

Seardel Investment Corporation Limited, Annual General Meeting, Mar 25, 2014

Seardel Investment Corporation Limited, Annual General Meeting, Mar 25, 2014., at 10:00 South Africa Standard Time. Location: boardroom at the offices of Seardel. Agenda: To consider and, if deemed fit, pass, with or without modification, the ordinary and special resolution required to implement the Rights Offer.

Seardel Seeks Acquisitions

Seardel Investment Corporation Limited (JSE:SER) is seeking acquisitions. The proceeds of the Rights Offer will be used to settle debt within the Seardel group to achieve an appropriate and sustainable consolidated capital structure which will provide the Seardel group with the flexibility to pursue potential acquisition opportunities and strategic growth initiatives.


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