The JSE-listed group announces the appointment of Andrew Openshaw as its new chief operating officer.
The JSE-listed electronics and electrical engineering company says it intends to acquire wireless broadband service provider SkyWire.
The electrical engineering, ICT and applied electronics group recorded 15% growth in full-year revenue and a 14% boost in operating profit.
Four directors, the company secretary and a director of a major subsidiary have bought over 200?000 shares in Reunert.
The JSE-listed group's ICT segment saw revenue drop 3%, while the applied electronics segment soared 39%.
ECN, being one of the fastest-growing businesses in the Reunert group, got the go ahead to move into new premises in Midrand earlier this year.
The diversified ICT and electronics group increased its dividend as revenue grew moderately, despite tough economic conditions.
The disposal saw Reunert's basic earnings per share down 50%, while earnings from continuing operations grew strongly.
Reunert's six-month financial results were boosted by the disposal of Nashua Mobile and the sale of the division's subscriber base.
The listed company will use its Nashua Mobile proceeds to "explore growth opportunities through investment".
Altech Autopage soft-locked about 5% of the accounts it took over from Nashua Mobile because its system showed they were in arrears.
The Saturday Star is this morning reporting that Nashua Mobile has closed its retail outlets.