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The transaction required that the business of Momentum Life Assurers Limited was transferred to the Southern Life Association Limited which was renamed FirstRand Insurance Company Limited and much later renamed Momentum Group Limited. [6] As at the merger date, Momentum Group was a wholly owned subsidiary of First Rand.
After a decrease in revenue between 2008 and 2010, newly appointed co-CEOs Ian Carr and René Kærskov expanded HBA's services by establishing Studio HBA (design services for mid-tier and limited-service hotel projects), HBA Architecture (architectural design services), Light Directions (lighting design consultancy), and Canvas (art budgeting ...
MMI Holdings Limited – South Africa – 25.2% Shareholding [21] – MMI Holdings was formed through the merger of Momentum and Metropolitan. It is a leading financial services group conducting business in South Africa and elsewhere in Africa providing life insurance, short-term insurance, healthcare administration, asset management ...
Apr. 9—Total sales volume for the Hawaii investment market in 2023 declined 18.6 % to $1.93 billion from $2.37 billion in 2022. Hospitality purchases at more than 23 % were the largest share of ...
Discovery Limited was founded in 1992 by Adrian Gore and Barry Swartzberg. In the same year, RMB Holdings (RMBH) acquired a stake in the business by making Discovery Limited its subsidiary through Momentum Group (now part of MMI Holdings Limited). [4]
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RMH also transferred its entire stake in Rand Merchant Bank to Momentum thereby increasing its stake in Momentum Life to 76.4%. [8] In the same year, the group founded Discovery Limited along with Adrian Gore as a subsidiary of Momentum Life. [9] On February 28, 1998 the group founded OUTsurance, a short-term insurance company. [10]
Momentum tabled plans to update the selection of BAME Labour representatives, in which a one member, one vote election would replace a small-group decision. Under the Momentum plan, all Black or other-minority party members would automatically become part of BAME Labour and have a one-member, one-vote right to elect their NEC representative.
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