Business NSE Pens Down DaarComms, 18 Other Firms for De-listing [See List]

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LequteMan

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The Nigerian Stock Exchange according to its latest X- compliance report dated 28th May, 2015 has slated companies for delisting/restructuring for various reasons stated against them.

The 30 firms are segmented into three categories - Delisting in process (DIP), Delisting Watchlist; and Restructuring.

TOURIST represents the only company in the DIP group while 19 firms make the delisting watchlist with firms like JOSBREW, DAARCOMM, GOLDLINK and MTECH making the list.

List of firms placed on delisting watchlist:

1. Aluminium Manufacturing Company of Nigeria

2. Mti Plc

3. Beco Petroleum Product Plc

4. Unic Insurance Plc

5. Adswitch Plc

6. Jos International Breweries Plc

7. Stokvis Nigeria Plc

8. Nigerian Sewing Machine Plc

9. G Cappa Plc

10. Goldlink Insurance Plc

11. Golden Guinea Breweries Plc

12. UTC Nigeria Plc

13. IPWA Plc

14. Nigerian Wire & Cable Plc

15. Daar Communications Plc

16. West Africa Glass Industries Plc

17. Mtech Plc

18. Investment and Allied Insurance Plc

19. FTN Cocoa Processors Plc

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