South African tycoon Johnny Copelyn sets 2028 exit from HCI after 29 years
Johnny Copelyn will retire as HCI chief executive during FY2028 after 29 years, holding a stake in the company worth about R1.41 billion.
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Johnny Copelyn will retire as HCI chief executive during FY2028 after 29 years, holding a stake in the company worth about R1.41 billion.
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.
Southern Sun has lost its R735 million bid for Sandton Consortium properties after co-owner Pareto exercised its pre-emptive rights to block the deal.
Copelyn is the largest shareholder in Hosken Consolidated Investments, which owns 49.9-percent of Impact Oil & Gas.