RMB Holdings Ltd (RMBHF) Earnings

RMB Holdings Ltd. is an investment company, which engages in the retail and commercial banking, investment banking, and instalment finance businesses in South Africa and internationally. The company is headquartered in Midrand, Gauteng. The Company, through its subsidiary RMH Property Holdings Proprietary Limited (RMH Property) focuses on property investments. The company has invested in an investment portfolio of property entities which has exposure to South Africa, Namibia, and Mauritius. RMH Property’s portfolio companies conduct their businesses in two focus areas: investments and developments. Its portfolio are Atterbury Property Holdings (Atterbury) and Integer Properties. Atterbury focuses on property development, fund management, corporate services, and asset management divisions. Atterbury’s investment portfolio includes a 100% ownership of the Newtown precinct in Johannesburg and Grove Mall in Namibia, a 20% stake in Mall of Africa and a 10% stake in Ascencia. Integer Properties focuses on the development and ownership of prime office, industrial and retail properties with long-term leases from blue-chip tenants.