Powerspeed shareholders agree agree on ZSE delisting
The Zimbabwe Independent Taurai Mangudhla POWERSPEED Electrical Limited (Powerspeed) shareholders on Monday unanimously approved a resolution that the company’s shares be removed from Zimbabwe Stock Exchange bourse through voluntary termination of the listing, effectively ending its 20-year run on the bourse. This comes after a number of counters, including Dawn Properties, Falgold, ZimRe Property Investments and SeedCo have delisted from the ZSE this year. Powerspeed, which listed on the ZSE in July of 2000, earlier this year, expressed its intent to delist with the actual ...