ANN CROTTY: Johann Rupert regales AGM
Prodding the Bear comes with risks, but it sparks so many useful insights
12 December 2019 - 05:00
Any questions?" asks Johann Rupert, managing to make it sound more like a dare than an invitation to query an aspect of Remgro’s financial 2019 performance.
A palpable sense of apprehension spreads across the conference centre at Erinvale Estate Hotel & Spa in Somerset West. Rupert, one of the country’s most powerful businessmen, has already indicated he has little patience with shareholder activists such as the ungrateful 32.5% of ordinary shareholders who held out against Fred Robertson’s re-election to the audit committee...
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