4 Africa Exchange Proprietary Limited (4AX), one of only two exchanges in South Africa with a full licence to trade across asset classes, has announced its first listing in the fast-moving consumer goods (FMCG) industry, CA Sales Holdings Limited.
The listing is an introduction to the market - a private placement - and thus no shares will be issued to the public.
Company CEO Frans Britz said:
"This is the first listing of our business and we are very excited for the opportunities it offers us to raise capital and further our growth and expansion strategies. It also provides investors an opportunity to invest in a business that has firmly established operations in Southern Africa and up to 40 years of experience in doing business in Southern Africa."
Pictured: Fay Mukkadam, 4AX CEO
