Plans to list on Stock Exchange by end of June
The Director of Homec Investments, Percy Raditladi is confident his company will be listed on the Botswana Stock Exchange (BSE) by the end of June.
Raditladi made his bold assertion at a Homec (National lottery) press briefing held in Gaborone last Thursday.
He pointed out that Homec is a public company mandated to raise funds for Batswana through listing under BSE.
“We are on course to list under BSE as a Special Acquisition Company (SPAC) with the sole purpose of allowing Batswana to own shares in the historic lottery business. Money raised in this project will be injected into the venture and if capital ambitions are not met, investors are refunded their investments through regulatory instruments,” he stated.
The share price of Tower Property Fund climbed by up to 7.14 percent to R3.75 yesterday after it announced it was considering a takeover offer from RDC Properties, a multinational African property and investment group listed on the Botswana Stock Exchange. Picture: Nhlanhla Phillips/African News Agency/ANA
Tower Property Fund shares shoot up on takeover offer
By Edward West
Share
CAPE TOWN - The share price of Tower Property Fund climbed by up to 7.14 percent to R3.75 yesterday after it announced it was considering a takeover offer from RDC Properties, a multinational African property and investment group listed on the Botswana Stock Exchange.