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CFI optimistic on lifting of ZSE suspension


Valerie Pasi
Listed agribusiness firm, CFI Holdings, says it remains positive on outcomes from engagements with the Zimbabwe Stock Exchange (ZSE) over the lifting of its suspension on the local bourse.  
CFI was initially suspended on January 2, 2018 over corporate governance deficiencies and to allow the company to comply with listing requirements.  
The ZSE had requested the group to address governance related matters regarding the appointment of a substantive board chair, chief executive officer and finance director.  
The company was also requested during the time of suspension of trading of its shares to appoint independent non-executive directors who were not affiliated to or have any association with any of the company’s shareholders.   ....

Mashonaland Central , Crest Poultry Group , Zimbabwe Stock Exchange , Victoria Foods , Glenara Estates , Habbard Zimbabwe , Crest Breeders , Suncrest Chickens , மஷோனலண்ட் மைய , முகடு போல்ட்ரீ குழு , ஸிஂபாப்வே ஸ்டாக் பரிமாற்றம் , விக்டோரியா உணவுகள் , முகடு வளர்ப்பவர்கள் , சுங்கிறெஸ்ட் கோழிகள் ,

CFI Remains Under ZSE Suspension - NewZimbabwe.com


By Alois Vinga
AGRO-INDUSTRIAL group, CFI Holdings Limited remains under the Zimbabwe Stock Exchange trading ban but is optimistic that authorities will grant permission allowing the group’s shares to resume trading.
ZSE suspended the company’s shares in 2018 after failure to comply with listing requirements.
According to the listing rules, a company is obligated to ensure that 30 % of each class of equity shares is held by the public unless the listing committee agrees otherwise.
In 2017, CFI was immersed in a bitter fight between major shareholders Stalap Investments and Messina Investments and as a result failed to appoint key management officers as required under the listing rules at the material time. ....

Mashonaland Central , Alois Vinga , Holding Limited Company , Crest Poultry Group , Farm City Centre , Zimbabwe Stock Exchange , Spread This , Stalap Investments , Messina Investments , Limited Company Secretary , Strategic Business Units , City Centre , Ayestock Old Mutual , மஷோனலண்ட் மைய , வைத்திருத்தல் வரையறுக்கப்பட்டவை நிறுவனம் , முகடு போல்ட்ரீ குழு , பண்ணை நகரம் மையம் , ஸிஂபாப்வே ஸ்டாக் பரிமாற்றம் , பரவுதல் இது , மெசினா முதலீடுகள் , வரையறுக்கப்பட்டவை நிறுவனம் செயலாளர் , மூலோபாய வணிக அலகுகள் , நகரம் மையம் ,