Newpark latest listing on JSE

Newpark latest listing on JSEBy MTHULISI SIBANDA

JOHANNESBURG, (CAJ News) – NEWPARK REIT Limited has listed on the Johannesburg Stock Exchange (JSE), making it the second company to list on the bourse this year.

It is the first company to list on the AltX board.

Newpark listed under the share code, NRL.

“Against the backdrop of a challenging macro-economic environment, the successful listing illustrates the perennial appeal of high quality assets,” said Simon Peter Fifield, Chief Executive Officer of Newpark.

Donna Oosthuyse, Head of Capital Markets at JSE, welcomed Newpark.

“We are pleased Newpark Reit Ltd has chosen the JSE as an avenue to raise additional capital to support its growth,” she said.

Newpark is a property holding and investment company that is invested in A-grade commercial properties situated in the heart of Sandton with a strategy of investing in well located A-grade properties.

CAJ News

Short URL:

Posted by on Feb 3 2016. Filed under Africa & World, Exclusive, Finance, Finance & Banking. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Connect to CAJ News on Facebook

Subscribe to our Newsletter

Photo Gallery

Log in
All material © CAJ News Africa. Material may not be published or reproduced in any form without prior written permission.