The Ghana Alternative Market (GAX) Ghana Stock Exchange’s is set to see a new listing any time soon as Meridian-Marshalls Holdings; owners of Meridian Pre-University and Marshalls College is set to launch its Initial Public Offer (IPO) on the GAX.
[contextly_sidebar id=”HXJkpmX3lxeIolUDoxZGjqP3B4aIfqNf”]The IPO, which will be launched on April 22, 2015, is expected to commence from Monday, April 27, 2015 and run for a month.
Citi Business News has learnt the company is seeking to raise GH 2.5million through the issuance of 25million new ordinary shares at GH 10pesewas per share.
If successful, Meridian Marshalls Holdings will be the first education-oriented institution to be listed in Africa apart from South Africa.
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By: Lorrencia Nkrumah/citifmonline.com/Ghana