Sappi marks eight decades listing on JSE

jse ticker boardBy TINTSWALO BALOYI
JOHANNESBURG, (CAJ News) – SAPPI, the South African pulp and paper company with global operations, is celebrating 80 years of listing in the Johannesburg Stock Exchange (JSE).
The milestone will be officially marked with a Market Open Ceremony at the stock market in Sandton on Tuesday.
The event will also celebrate the company’s inclusion in the JSE Top 40 Index.
JSE, the continent’s biggest exchange, says Sappi has played an integral role in South Africa’s paper and timber products, pulp and forest commodity industry for eight decades and is a respected global, diversified business.
SAPPI, originally incorporated as South African Pulp and Paper Industries Limited in 1936, says from its origins in South Africa, it has grown to manufacture across three continents, with operations in over 20 countries.
The company’s share price was R87,35 (US$6,43) as of Friday.
CAJ News

Short URL: http://cajnewsafrica.com/?p=17789

Posted by on Jan 30 2017. Filed under Africa & World, Featured, Finance, National, Regional. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Poll

Who do you want to lead South Africa ?

Connect to CAJ News on Facebook

Subscribe to our Newsletter

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 Material may not be published or reproduced in any form without prior written permission.