on ZCCM (EPA:MLZAM)
ZCCM-IH Announces Key Appointments for Listing Optimization
ZCCM Investments Holdings Plc has issued a cautionary announcement regarding its listing optimization process. The company has appointed Bowsprit Partners as its UK Financial Adviser and Corporate Broker based in London. This firm brings significant expertise and international market accreditations, enhancing ZCCM-IH's strategic financial advisory needs.
In parallel, Stockbrokers Zambia Limited has been named as ZCCM-IH's Financial Adviser for the Lusaka Securities Exchange. Known for its pioneering role in the Zambian capital market, SBZ will provide critical advisory support in compliance with LuSE Listing Requirements.
CEO Kakenenwa Muyangwa outlined ZCCM-IH's ambition to grow its market capitalisation from US$1.4 billion to US$7 billion over the next decade. The strategy focuses on increasing copper production, expanding the international shareholder base, and improving liquidity in overseas listings.
R. P.
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