South African tycoon Johnny Copelyn's HCI is betting its free cash on Namibian oil and gas
Hosken Consolidated Investments has gained 25 percent in the past year and CEO Johnny Copelyn is directing most of its free cash into oil and gas exploration.
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Hosken Consolidated Investments has gained 25 percent in the past year and CEO Johnny Copelyn is directing most of its free cash into oil and gas exploration.
Hosken Consolidated Investments will sell its 65% stake in Whale Coast Village Mall, a move CEO Johnny Copelyn says frees capital for growth.
HCI, led by John Copelyn, to sell Cape Town’s The Point Mall for $55.7 million to reduce debt and reallocate capital.
John Copelyn-led HCI advances plans to develop South Africa’s top offshore gas find, aiming to ease the country’s deepening energy crisis.
Copelyn is the largest shareholder in Hosken Consolidated Investments, which owns 49.9-percent of Impact Oil & Gas.
Copelyn owns a 6.49-percent stake in the Cape Town-based investment holding company.