Chemco Holdings Ltd. (CHEMCO), a Zimbabwean chemical company, plans to de-list from the country’s stock exchange, Newsday said, citing Anthony Mandiwanza, Chemco’s chairman, and Chief Executive Officer Washington Matsaire.
De-listing from the Zimbabwe Stock Exchange will save the company about $500,000 and has the approval of Chemco’s controlling company, Harare-based TSL Ltd. (TSL), Newsday said on its website.
No date has been set for de-listing, Harare-based Newsday added.
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