Edition:
United States

Montauk Holdings Announces Proposed Listing On Nasdaq And Inward Listing On JSE


Wednesday, 31 Oct 2018 10:49am EDT 

Oct 31 (Reuters) - Montauk Holdings Ltd ::PROPOSED LISTING ON THE NASDAQ AND INWARD LISTING ON THE JSE.GOT APPROVAL FROM SOUTH AFRICAN RESERVE BANK TO PURSUE LISTING ON NASDAQ WITH SECONDARY INWARD LISTING ON JSE LIMITED.ENVISAGED THAT PROPOSED LISTING WILL BE ACHIEVED THROUGH A CORPORATE RESTRUCTURE.ENVISAGED THAT PROPOSED LISTING WILL RESULT IN FORMATION OF A NEW CO, MONTAUK ENERGY INC.ENVISAGED THAT MONTAUK ENERGY WILL ULTIMATELY HOLD BUSINESS AND ASSETS OF COMPANY.CURRENT EXECUTIVE MANAGEMENT TEAM OF CO EXPECTED TO CONTINUE TO SERVE IN SAME CAPACITIES WITH MONTAUK ENERGY.TARGET DATE FOR PROPOSED LISTING IS APRIL 2019. 

Company Quote

2300.0
11.0 +0.48%
21 Aug 2019