MMI Holdings Limited [SEP] industry
Momentum Metropolitan Holdings Limited
Momentum Metropolitan Holdings Limited, formerly MMI Holdings Limited, is a South African based financial services group that is listed on the Johannesburg Stock Exchange.
Overview.
Momentum Metropolitan Holdings Limited engages in long and short-term insurance, asset management, savings, investment and employee benefits through its various brands. The Group has subsidiaries in Botswana, Ghana, Gibraltar, Guernsey, Kenya, Lesotho, Mauritius, Namibia, Nigeria, UK, South Africa and Zambia.
History.
In July 2019
and separately listing it on the JSE. This process led to the transfer of FirstRand's entire shareholding in MMI Holdings to RMI Holdings.
Ownership.
The shares of the stock of MMI Holdings are traded on the JSE, under the symbol: MMI. As at June 2014, the shareholding in the group's stock was as depicted in the table below:
Governance.
Momentum Metropolitan Holdings Limited is governed by an eighteen-person board of directors with Johnson Njeke serving as the chairman and Hillie Meyer serving as