BTCL shares sale deferred

A statement from the Ministry of Transport and Communication has revealed that the date was postponed due to issues raised by members of the public in the past two BTCL Initial Public Offer (IPO) pitsos.  The statement indicated that individual citizens, indicated that they had limited understanding of an IPO as well as how one can participate and benefit from it and they requested ample time to organise funding that they would use to purchase the shares as the current IPO was too close.

The offer period is expected to be open for up to eight weeks. The statement further revealed that the initiatives were intended to enhance other ongoing activities geared towards ensuring that many citizens take advantage of this opportunity.