Strong indications have emerged that the Nigerian Stock Exchange would witness the listing of an indigenous manufacturing firm on its Daily Official List before the end of the 2011.bay sensing and enforcement Wholesale Polished Stair Tiles For Wall From China Manufacturers.
THISDAY checks showed that the company, which is based in Benin City,Arcy Art Original Wholesale Crystal Double Loading Tiles For Countertops From China Manufacturers brings you Oil Paintings Edo State, has almost concluded the pre-listing process and would be admitted onto the Daily Official list of the Exchange very soon.
“The shareholders’ information that the NSE requested for has been sent and that is the final stage of the preparations. I believe very soon the listing through introduction would be done,” a source close to the deal said.
Market analysts said this development would calm frayed nerves of NSE officials, who were said to be getting worried over the rate at which companies were delisting. This year alone, Nigerian Bottling Company Plc, Nampak Plc and United Nigerian Textiles Plc had opted for voluntary delisting from the NSE.
However, the company now eying listing on the Exchange manufactures ice blocking making machines,Are you looking to accept credit cards for your Wholesale Rustic For Wall From China Manufacturers type of business thermo-electric coolers, air conditioners and refrigerators, aluminium roofing sheets/coils of different colours and gauges, Polyvinyl chloride (PVC) doors/windows, PVC ceiling tiles among others.
The Chairman of Juli Plc, Prince Julius Adelusi-Adeluyi, had last week called on the NSE to encourage more indigenous companies to list their shares in the stock market.
Juli Plc was the first indigenously promoted firm to be listed on the NSE 25 years ago. Speaking at a ceremony to mark that historical event last week, Adelusi-Adeluyi said no stock exchange would make significant progress without the participation of indigenous companies.
“If NSE is going to enjoy relevance, consolidation, stability, better prospect; it needs participation and cooperation of indigenous entrepreneurship,” he declared.
However,Buy Hair Wholesale Wooden Style For Wall From China Manufacturers from top rated stores the Chief Executive Officer of NSE, Mr. Oscar Onyema, had assured stakeholders that the Exchange was putting in place measures that would discourage listed companies from exiting and encourage new ones to enter the market.
According to him, the Exchange would ensure that listed companies were properly serviced in the right way,All people Wholesale Full Body Project Tiles For Floor From China Manufacturers ship so as to discourage delisting.
“Our job is to make sure that the companies realise the promise of the value they are supposed to get when they come to list. We have reviewed our rules; addressed the listing requirements and the menu of value added services we can provide to our listed companies. If they decide to delist because they want to reinvest their funds, we want to satisfy that we have serviced them properly,” he said.
Onyema disclosed that the Exchange had created a new department called Listing, Sales and Retention, which is part of the Business Development Division.
“The job of the staff of this department is to maintain relationship with existing companies at the board level, investor relation level, Chief Financial Officer and relationship with bankers and lawyers that advise these companies,” he said.
THISDAY checks showed that the company, which is based in Benin City,Arcy Art Original Wholesale Crystal Double Loading Tiles For Countertops From China Manufacturers brings you Oil Paintings Edo State, has almost concluded the pre-listing process and would be admitted onto the Daily Official list of the Exchange very soon.
“The shareholders’ information that the NSE requested for has been sent and that is the final stage of the preparations. I believe very soon the listing through introduction would be done,” a source close to the deal said.
Market analysts said this development would calm frayed nerves of NSE officials, who were said to be getting worried over the rate at which companies were delisting. This year alone, Nigerian Bottling Company Plc, Nampak Plc and United Nigerian Textiles Plc had opted for voluntary delisting from the NSE.
However, the company now eying listing on the Exchange manufactures ice blocking making machines,Are you looking to accept credit cards for your Wholesale Rustic For Wall From China Manufacturers type of business thermo-electric coolers, air conditioners and refrigerators, aluminium roofing sheets/coils of different colours and gauges, Polyvinyl chloride (PVC) doors/windows, PVC ceiling tiles among others.
The Chairman of Juli Plc, Prince Julius Adelusi-Adeluyi, had last week called on the NSE to encourage more indigenous companies to list their shares in the stock market.
Juli Plc was the first indigenously promoted firm to be listed on the NSE 25 years ago. Speaking at a ceremony to mark that historical event last week, Adelusi-Adeluyi said no stock exchange would make significant progress without the participation of indigenous companies.
“If NSE is going to enjoy relevance, consolidation, stability, better prospect; it needs participation and cooperation of indigenous entrepreneurship,” he declared.
However,Buy Hair Wholesale Wooden Style For Wall From China Manufacturers from top rated stores the Chief Executive Officer of NSE, Mr. Oscar Onyema, had assured stakeholders that the Exchange was putting in place measures that would discourage listed companies from exiting and encourage new ones to enter the market.
According to him, the Exchange would ensure that listed companies were properly serviced in the right way,All people Wholesale Full Body Project Tiles For Floor From China Manufacturers ship so as to discourage delisting.
“Our job is to make sure that the companies realise the promise of the value they are supposed to get when they come to list. We have reviewed our rules; addressed the listing requirements and the menu of value added services we can provide to our listed companies. If they decide to delist because they want to reinvest their funds, we want to satisfy that we have serviced them properly,” he said.
Onyema disclosed that the Exchange had created a new department called Listing, Sales and Retention, which is part of the Business Development Division.
“The job of the staff of this department is to maintain relationship with existing companies at the board level, investor relation level, Chief Financial Officer and relationship with bankers and lawyers that advise these companies,” he said.
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