News

Johannesburg - Aveng, the listed construction and engineering group, has entered into confidential discussions to sell at least part of its entire steel business. Kobus Verster, the chief ...
Aveng has sold its Aveng Duraset Alrode engineering supplier operation for R50 million cash as part of its strategy to reduce debt and dispose of non-core assets. Reuters Published Aug 7, 2019 ...
Following financial losses at Aveng Grinaker-LTA for the financial years 2012 through 2014, allied to prolonged weakness within the local infrastructure environment and the limited evidence of ...
Following a series of capital markets transactions, which have helped stabilise Aveng’s precarious balance sheet, the JSE-listed infrastructure group has turned its attention to the disposal, by ...
JSE-listed international engineering-led contractor Aveng has warned shareholders that it is likely to report a loss for the financial year ending June 30, mainly as a result of challenges with ...
Construction group Aveng has thrown the kitchen sink at a host of long-outstanding claims - and plans to book a R2.7bn impairment charge as a result ...
Aveng reported a R1.06 billion operating loss in the year to end-June 2023, which was largely attributable to substantial losses in the Southeast Asia business unit of McConnell Dowell, primarily ...
South African contractor Aveng has agreed to sell a 70% stake in its property portfolio to Collins Property group for ZAR 1.13 billion (US$ 95 million). The deal is part of the company’s previously ...
Regardless of how Aveng Group managed to secure branding at Nelson Mandela’s memorial, it is safe to say that they successfully pulled off a marketing coup, receiving global brand exposure worth ...
JSE-listed Aveng, through its subsidiary Aveng Africa, on November 28 entered into a sale of shares agreement with Collins Property Group for the 30% interest Aveng holds in the issued share ...
The simplest way to invest in stocks is to buy exchange traded funds. But you can significantly boost your returns by picking above-average stocks. To wit, the Aveng Limited (JSE:AEG) share price ...
Aveng disclosed on November 23 that Bernard Swanepoel, one of the group’s directors, had acquired 5.9 million Aveng shares at R0.05 per share for a total purchase price of R295 000 on the ...