Education group Curro Holdings (COH) has been given the go-ahead by the JSE to transfer its listing from the AltX to the main board of the JSE.
The transfer of the listing follows Curro's successful expansion, including acquisitions, since its listing on the Alternative Exchange of the JSE and is expected to take place on or about Monday, 2 July 2012.
“The board of Curro is of the view that the Transfer of Listing will be in the best interests of stakeholders as it will allow Curro to capitalise on the benefits of being a company listed on the Main Board of the JSE. These benefits include, inter alia, greater coverage by analysts and allowing more institutions to invest in Curro,” the education group said.
Further details relating to the Transfer of Listing would be announced to shareholders in due course, it said. - I-Net Bridge