Buka Investments Limited

Buka Investments Limited

ILE.JO
Buka Investments LimitedZA flagJohannesburg Stock Exchange
2.00
ZAc
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Buka Investments Limited
ILE.JO
(Johannesburg Stock Exchange)

Recent

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2.00

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Capital Structure

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Business
Buka Investments Limited (JSE:ILE.JO), formerly Imbalie Beauty Limited, operates as a franchisor and distributor of skin care, beauty, and wellness products primarily in South Africa; it markets proprietary and third-party brands through franchise salon chains including Placecol Skin Care Clinics, Perfect 10, and Dream Nails Beauty Salons; as well as professional skin care lines such as Skinderm for skin health programs, Scinderm melanoceutical treatments addressing hyperpigmentation, Beaute Pacifique for acne, rosacea, and aging skin, Bioeffect anti-aging products, Bodyography SKIN, Bodyography Professional Cosmetics, and Empro. Products reach consumers via company salons, independent salons, large retail groups, pharmacies, and online platforms. Founded in 2003 and headquartered in Woodmead, Johannesburg, the company underwent a major strategic pivot in 2022 with a name change from Imbalie Beauty Limited approved at a shareholder meeting on May 18, a 1:100 share consolidation, and the acquisition of Socrati Footwear Group—including Socrati Footwear (Pty) Ltd and Caralli Leather Works (Pty) Ltd—for R140 million via issuance of 70 million new shares, signaling expansion into footwear and fashion retail alongside its core beauty operations. As of fiscal year-end February 2024, Buka finalizes results amid ongoing business repositioning.