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Oliver Kazunga, Senior Business Reporter
REGIONAL retail giant, Choppies Enterprises Limited, has been relisted on the Botswana Stock Exchange (BSE), effectively resuming the trading of its shares on the bourse.
The Botswana-headquartered retail chain also has footprints in countries that include Zimbabwe, South Africa, Namibia, Zambia and Mozambique.
Choppies, which has a dual listing on the BSE and Johannesburg Stock Exchange (JSE) was in September 2018, suspended from trading its securities on the two bourses after failing to publish financial results in line with the listing requirements.
In a latest statement, BSE advised investors to contact the bourse’s licenced brokers to trade securities should they wish to.
“BSE wishes to inform the public that with effect from the Monday 27 July 2020, Choppies Enterprises Limited securities will resume trading on the market following a decision to lift their suspension by the BSE,” it said.
– @okazunga
Online Reporter