The Far gains marginally on BSE debut

The Far Property Company regisetered modest gains on its first trading day on Wednesday rising by two thebe to P2.59 per share with 5,000 shares changing hands.

The company, which is the second to join the local bourse this year, listed following a successful and oversubscribed initial public offering (IPO).

The company, which is majority owned by Choppies Group directors Ram Ottapathu and Farouk Ismail, issued 40 million new units while the selling shareholders sold 40 million of their own shares meaning that 80 million units were being sold.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

Have a Story? Send Us a tip
arrow up