SECO allow foreigners to buy BCEL shares
SECO allow foreigners to invest in BCEL listing shares in the LSX:
< Current >
- Foreign investors: Can’t buy BCEL shares
<Future>
- Foreign individual or legal entity: Up to 1% ( 1,365,776 shares ) of total amount of issued stock (136,577,600 shares)
- Foreign delegation: up to 5% ( 6,828,880 shares ) of total amount of issued stock (136,577,600 shares)
- Effective date: 16 May 2011, Monday
Before submitting orders, Limitation of purchasing will be checked by the foreign investment system controlled by LSX
- Get more foreign investors participation
- Capture the attraction of various investors
- Spur the investing sentiment
- Get more foreign capital inflow
BCEL
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