Thndr Claps
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic
No Result
View All Result
Thndr Claps

Thndr Claps » EGY Claps » Tech 📲 » E-Finance Intends to List on Another Stock Exchange💡

E-Finance Intends to List on Another Stock Exchange💡

by Shams Abbas
December 6, 2021

E-Finance Chairman Ibrahim Sarhan said that dual listing is definitely in the company’s future plans.

What is dual listing🤷‍♀️ Dual listing is the listing of a company’s shares on a second exchange in addition to its primary exchange.

More details🧐 The company is exploring its dual listing options, which it plans to pursue as soon as requirements of dual-listing are met. Major requirements include a minimum company value, & reaching & maintaining a certain level of growth multiples. 

The same three investment banks that were responsible for E-Finance’s IPO, Renaissance Capital, CI Capital (CICH), & Al Ahly Pharos, are in charge of the company’s dual listing venture.

Why is this important🤔 Dual listing allows a company to increase its access to capital & makes its shares more liquid. It also allows for its shares to trade for longer periods if the second exchange is in a different time zone to the primary exchange.

However, dual listing is only worth it when its benefits outweigh its costs, which include listing expenses, additional legal & financial resources, & extra attention from management.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related Posts

EGX 🔔

20+ new companies on the EGX in 2023?

by Shams Abbas
February 2, 2023
IPO Watch 👀

CI Capital & EFG Hermes enter race to advise on upcoming IPO

by Shams Abbas
January 31, 2023
Financial Services 💸

CI Capital on the lookout for investment opportunities

by Shams Abbas
January 31, 2023
IPO Watch 👀

I-Check eyes 2024 EGX IPO

by Shams Abbas
January 30, 2023
EGX 🔔

EGX30 reaches its highest level in five years

by Shams Abbas
January 30, 2023
EGX 🔔

EGX30 sees new joiners & departers

by Shams Abbas
January 30, 2023

Website

Community

Blog

Learn

© Thndr. All rights reserved

No Result
View All Result
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic

Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved

 

Hello👋 We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.

This is why we introduced Thndr Thinkers💭

Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!

Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts 

Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!

Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours 

Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.

Clean🧹 We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers 

No promotional content🚫 We don’t publish promotional content.

Any questions about becoming a Thndr Thinker? Email thndrclaps@thndr.app and we’d be happy to help!

Normally, your article will be published within 24 hours of submission (if you followed the guidelines)