R13bn

The value of property added to Redefine’s portfolio

The company reported profit of R1bn in the six months to February 29, down from R2.1bn in the same period a year earlier.

The Redefine shares will be issued ex-dividend, anticipated to be at the end of November, and the EPP share will be delivered during January 2017.

Redefine’s investment in EPP would remain intact, the company said. – Bloomberg