06 July 2021 1 Min Read
News Leader
WATCH: Shareholder activist flags overvalued goodwill at Huge Group
Ratings Afrika CEO Charl Kocks talks to Business Day TV about questions around Huge Group’s goodwill valuation
in Companies by Business Day TV
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Shareholder activists are questioning Huge Group’s goodwill valuation, saying it is probably inflated. The group’s goodwill is priced at R608m, which accounts for just more than half of the company’s total assets.
Business Day TV spoke to Ratings Afrika CEO Charl Kocks for his view.
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