Quartile Capital acquires 30% stake in SDS
Financial services and investment group Quartile Capital has acquired 30% of South African-owned and managed transfer secretary (TS) and related business company Stakeholder Data Services (SDS).
SDS’s TS systems were, this year, tested and approved by South Africa's central securities depository Strate, allowing SDS to operate as an official TS in South Africa.
Quartile Capital CEO and Harmony Gold Mining deputy chairperson Modise Motloba was appointed director and deputy chairperson of SDS and would take over the reins as chairperson of SDS in January.
“The Quartile Capital acquisition of 30% of SDS will enable us to substantially grow our business and make SDS the most transformed and indigenised financial services company in the transfer secretary and stakeholder business sector,” commented SDS MD Johan Ras.
According to Motloba, as Quartile Capital’s core business areas were Treasury services, corporate finance, infrastructure consulting, wealth and financing for small, medium-sized and microenterprises, the group’s decision to invest in SDS complemented and broadened its service offering.
"Our focus is to grow the business responsibly through the deployment of other financial service offerings and forming alliance partnerships with established and reputable financial services entities thereby ensuring sustainable growth and attractive returns for our investors,” added Ras.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation