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CSE Global Ltd Announces Proposed Initial Public Offering Of The Cse Global UK Business

Tuesday, 13 Aug 2013 07:03am EDT 

CSE Global Ltd announced that its 100% owned subsidiary, CSE Global UK Limited (CSE UK), is currently pursuing a separate listing on the London Stock Exchange (Listing). There is no guarantee that the Listing will proceed as it will be subject to market conditions, valuation and amongst other things, the relevant regulatory and other approvals being obtained, execution of definitive agreements by the relevant parties and the approval of CSE’s shareholders. CSE intends to divest 100% of its ownership in CSE UK and will continue to operate and enhance the remaining elements of the CSE business based in Asia-Pacific and the USA. The Listing is expected to be completed in the 2013 financial year. 

Company Quote

21 Nov 2014