Fiji Time: 5:27 AM on Monday 19 March

Fiji Times Logo

/ Front page / Archives » Article Index

Bid to boost business listing

Tuesday, December 05, 2017

The Warsaw Stock Exchange GPW.WA will try to persuade dozens of retiring business owners to sell their companies via the Bourse as it strives to attract new listings, its chief executive said.

The state-controlled Bourse has seen a decline in new listings in recent years, in part because low interest rates have allowed companies to raise money cheaply without the regulatory obligations that come with a stock market listing.

"We identified around 50 private companies, which in our view should be listed on the WSE," Marek Dietl told Reuters in an interview approved for publication on Sunday.

Mr Dietl, approved as CEO at the end of September, said the Bourse would argue a listing — as opposed to a sale to another private investor — would allow retiring business owners to sell down their stakes gradually and would guarantee a market price.

"We would like to convince at least some of these companies' owners to list them on the WSE," said Mr Dietl, the WSE's fifth CEO since 2013 and the third since the nationalist Law and Justice party (PiS) won elections in 2015.

Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Code Inward TTs Outward TTs
CAD 0.65100.6320
JPY 53.691350.6913
GBP 0.35690.3489
EUR 0.40560.3936
NZD 0.69210.6591
AUD 0.64290.6179
USD 0.50070.4837



Exchange Rate updated on 16th, March, 2018

Today's Most Read Stories

  1. Where are our horses
  2. Doctors speak out
  3. Call to step down
  4. E-ticketing scrutiny
  5. Swarovski invites Hoerder
  6. Veteran 7s pair Roko, Vucago steer Nailega to Uluinakau 7s win
  7. Family and friends farewell naval pioneer
  8. Sandalwood planting
  9. 100 uni students in dengue fever fight
  10. Keep what we have

Top Stories this Week

  1. Sims' 100th game Thursday (15 Mar)
  2. Cessna heroes Monday (12 Mar)
  3. Picking up the pieces Tuesday (13 Mar)
  4. Men urged to marry Thursday (15 Mar)
  5. 'Forced to go' Saturday (17 Mar)
  6. A star in the making Thursday (15 Mar)
  7. Man to appear in high court for wife's death Monday (12 Mar)
  8. Baravilala's ode to Cessna victims Thursday (15 Mar)
  9. The faith Monday (12 Mar)
  10. Where are our horses Sunday (18 Mar)