The share price of Christo Wiese’s industrial holding company Invicta fell to its lowest in 16 years on Tuesday morning, after  saying it is considering shaking up its capital allocation structure, and may tap shareholders or dispose of non-core assets.

The company, which has subsidiaries that include distributors of capital equipment, spare parts and engineering consumables in Southern Africa, is also considering realigning debt, and conducting specific inventory reduction programmes, it said.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now