Quinton van Rooyen’s stake drops $3.9 million amid JSE decline
Van Rooyen, the company’s largest shareholder with 377.2 million shares, has lost R67.9 million ($3.9 million) in market value this year.
Van Rooyen, the company’s largest shareholder with 377.2 million shares, has lost R67.9 million ($3.9 million) in market value this year.
The ambitious acquisition, pending regulatory approvals, represents a milestone for O&L Group, already riding high on Thieme’s success in leading the sale of a 50.01-percent stake in NBL Investment Holdings.
Van Rooyen, holding an impressive 63.94-percent stake in Trustco with 1,004,000,060 shares, stands out as one of Namibia’s wealthiest individuals.
Brandt, who stepped down as chairman of Capricorn in 2017, owns an 18.5-percent stake in the Windhoek-based investment firm.
With an $87.2-million stake in Capricorn Group, Brandt’s astute investments make him the richest investor on the Namibia Stock Exchange.
Brandt, a leading Namibian mogul, who stepped down as the chairman of Capricorn Group and Bank Windhoek in 2017, is also the largest individual shareholder in the group.
Van Rooyen’s stake in Trustco has declined by $21.37 million since Nov. 14.
The valuation of their substantial stock holdings is based on the closing prices as of Nov. 10, converted into U.S. dollars using prevailing exchange rates.
Van Rooyen, who owns a 63.94-percent stake in Trustco Group Holdings, ranks as one of Namibia’s wealthiest men.
Brandt is the largest individual shareholder in Capricorn Group, with an 18.52-percent stake.
Van Rooyen, through Next Capital, has proposed a financial maneuver to bolster Trustco Group’s financial stability.
Van Rooyen owns a 63.94-percent stake in the company. This stake, which amounts to a total of 1,004,000,060 ordinary shares in the group.
Van Rooyen, who owns an impressive 63.94-percent stake in Trustco Group Holdings, ranks as one of Namibia’s richest men.
The market value of Brandt’s stake in Capricorn has risen by $3.96 million this year.
Trustco takes pride in investing in high-quality world-class assets.
Van Rooyen owns 63.94 percent of Trustco.