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Advent of COVID-19 Pandemic in South Africa
Acquires 58.56% of Leymic Holdings Proprietary Limited
Successfully realigned certain Group subsidiaries and associates within the Conduit Ventures Proprietary Limited structure
Successfully raises R350 million by way of a rights offer
Acquires 51% of Deal Design Commercial Property and Business Broking Proprietary Limited t/a Century 21 South Africa
Acquires 100% of Midbrook Lane Proprietary Limited and Snowball Wealth Proprietary Limited
Successfully raises R150 million by way of a rights offer
Conduit changes its strategy to also include long-term investments
Conduit changes its FTSE and JSE sector classification to Non-life Insurance, Full line Insurance
Advent of global financial crisis
Conduit and its subsidiaries remain in a “holding pattern” with minimal investments in order to protect its balance sheet until 2014
Successfully raises R65 million by way of a rights offer
Acquires 100% of Constantia Risk and Insurance Holdings Proprietary Limited (then known as CICL Investment Holdings Proprietary Limited and its subsidiaries, including Constantia Insurance Company Limited, Constantia Life Limited and Constantia Life and Health Assurance Company Proprietary Limited
Acquires 40% of Anthony Richards and Associates Proprietary Limited
Successfully raises R5.5 million by way of a general issue of shares for cash
IMR Investments Limited changes its name to Conduit Capital Limited (“Conduit”)
TAG sells its asset management and stockbroking businesses, changes its name to IMR Investments Limited and remains a JSE-listed shelf company
Lists on the Johannesburg Stock Exchange
Founded Conduit Capital Limited (then known as The Appleton Group Limited (“TAG”)) by combining Appleton Asset Managers and Irish & Menell Rosenburg Stockbrokers