Today CA Sales became the 313th company listed on the Johannesburg Stock Exchange’s main board. It is a company that operates in the fast-moving consumer goods [FMCG]segment and provides a number of services for its clients including warehousing, distribution, marketing and selling. Its clients are actually widespread across the continent in quite a number of countries. We have Duncan Lewis, the CEO of CA Sales on the Market Update for more.
All right. You were on the Cape Town Stock Exchange, however, before that. Why the decision to move to the JSE? As you said, you were listed in Botswana before, and you’ve been in business for a long time. You’re still listed in Botswana. But what are your plans now that you are on the JSE’s main board?
And how will this expansion be funded? Can I ask who some of your clients are? I was looking at your website and it talks about some blue-chip clients, really important people in the FMCG sector. I didn’t really get [all the] names. I was just intrigued as to who some of your customers are.
Source: News Formal (newsformal.com)
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