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JSE fines govt landlord Delta Property millions over dodgy reports

JSE fines govt landlord Delta Property millions over dodgy reports
news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.

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Listed Property Sector a hive of activity as Companies bid for more

Listed Property Sector a hive of activity as Companies bid for more
sacommercialpropnews.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sacommercialpropnews.co.za Daily Mail and Mail on Sunday newspapers.

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Investegate |Grit Real Estate Inc Announcements | Grit Real Estate Inc: Director/PDMR Shareholding

Delta Property reduces its full-year loss

Delta Property reduces its full-year loss
iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.

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Delta confirms R1.8bn portfolio devaluation in restated 2020 results

MONEYWEB app instead? Scandal-hit Reit says legacy corporate governance failings have effectively been addressed. 00:01  Open: Delta Property Fund s shares remain suspended on the JSE. Image: Supplied Delta Property Fund published its restated set of financial results for the year ended February 29, 2020, after the market closed on the JSE on Thursday, confirming the devaluation of its portfolio by R1.8 billion in the wake of an accounting scandal implicating former executives. The re-issue of its last full-year results follows the withdrawal of its financial statements in December, after two independent forensic reports revealed governance failings and wrongdoing regarding commission payments amounting to R42.8 million (for the 2018, 2019 and 2020 financial years), and fraudulent payments of R2.1 million.

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