Stock markets: JSE goes public.
The public company has authorised 40m shares, with 8m in issue. Noted JSE chief executive Russell Loubser: "Demutualisation offers the JSE additional capital-raising opportunities and will allow us to more easily implement a broad-based BEE ownership strategy. It also lays the foundation for a listing of the JSE and puts us on a par with our international competitors."
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|Title Annotation:||Johannesburg stock exchange|
|Article Type:||Brief Article|
|Date:||Aug 1, 2005|
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