Last 370.00
Change Today -10.00 / -2.63%
Volume 501.1K
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As of 3:23 AM 03/6/15 All times are local (Market data is delayed by at least 15 minutes).

basil read holdings ltd (BSR) Snapshot

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52 Week High
04/24/14 - $944.00
52 Week Low
01/7/15 - $201.00
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Current Stock Chart for BASIL READ HOLDINGS LTD (BSR)

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basil read holdings ltd (BSR) Details

Basil Read Holdings Limited operates as a construction company in South Africa and sub-Saharan Africa. The company is engaged in the civil engineering, road construction, building, mixed integrated housing developments, property development, bitumen distribution, opencast mining, blasting and engineering, and project management solutions. It operates through Construction, Mining, Engineering, and Developments divisions. The Construction division undertakes civil engineering, roads, and building projects, including earthworks, bridges, pipelines, infrastructure, harbour and marine works, industrial plants, sports facilities, roads, highways, and airports and related industrial activities. The division also offers build-operate-transfer contracts, design and construct, and alternative solutions. The Mining division is engaged in the opencast contract mining; mine spoils rehabilitation; bulk earthmoving; thin, thick, and multiple seam mining; hard-rock selective mining, and materials handling. This division also provides blasting services to the construction, quarrying, and mining industries. The Engineering division is involved in the engineering, procurement, and construction services, as well as renewable energy operations. The Developments division focuses on housing developments, mixed use residential estates, and light industrial parks. This division serves national, provincial, and local governments; parastatals; and non-governmental organizations. The company was founded in 1952 and is headquartered in Boksburg, South Africa.

6,311 Employees
Last Reported Date: 05/27/14
Founded in 1952

basil read holdings ltd (BSR) Top Compensated Officers

Chief Financial Officer, Financial Director a...
Total Annual Compensation: R437.1K
Managing Director of Basil Read Mining
Total Annual Compensation: R3.9M
Chief Operations Officer of Basil Read Roads ...
Total Annual Compensation: R2.1M
Head of Group Risk & Compliance
Total Annual Compensation: R1.1M
Compensation as of Fiscal Year 2013.

basil read holdings ltd (BSR) Key Developments

Basil Read Holdings Limited Appoints Terrence Desmond Hughes as Non-Executive Director, Effective January 1, 2015

Basil Read Holdings Limited announced the appointment of Mr. Terrence Desmond Hughes as a non-executive director to the Board, with effect from January 1, 2015. Mr. Hughes has over 44 years of experience in the construction and property development industry, and has been with the group for the last 14 years. He started his career in the industry with GT Hemingway Consulting Engineers - Cape, and subsequently held various positions with ZMG Consulting Engineers - London (UK), Murray & Stewart -Cape, and LTA Building - Cape respectively, before joining Basil Read Building - Cape in 1996.

Basil Read Holding Ltd. Provides Earnings Guidance for the Year Ending December 31, 2014

Basil Read Holding Ltd. provided earnings guidance for the year ending December 31, 2014. The company expects its earnings per share and headline earnings per share for the year ending December 31, 2014 to be a minimum of 20% lower compared to the previously reported corresponding period.

Basil Read Holdings Announces Board Changes

The Board of Directors of Basil Read Holdings announced that Lester Peteni will retire as Independent Non-Executive Director and Chairman of the company with effect from 31 December 2014. Lester was appointed to the Board in July 2006, and as Chairman of the Company in May 2009. The Board announced that Paul Cambo Baloyi, who joined the Board in November 2012, as an Independent Non-Executive Director, will succeed Lester as Independent Non-Executive Chairman, with effect from 1 January 2015. Paul has been a member of the Audit Committee, Nominations Committee and is the Chairman of the Risk Committee.


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