RMB withholds dividend amid restructuring
The financial services company says normalised earnings increased due to support from FirstRand’s strong performance
11 March 2020 - 13:41
RMB Holdings, whose core investment is a stake in FirstRand, has opted not to pay an interim dividend as it proceeds with a restructuring that could lead to its stake in the banking group being unbundled.
The group said its normalised earnings increased 3% in the six months to end-December, supported by the strong performance of FirstRand...
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