Saturday, March 04, 2017/ 1:17 PM /NASD Plc
Despite an aggregate contraction of 1.51% GDP in December 2016, some industries ran counter to the downturn. Agriculture and Mining grew by 4.03% and 1.89% in the last quarter of the year. This implies they may be important catalysts in reversing the downward trend of the economy.
However for this growth to be sustained and spread across board, there are certain key requirements. These industries will require funding through innovative financing, key infrastructure and qualified human capital.
We at NASD believe that long term equity funding may be critical to financing and stimulating this growth.
We have observed the number of discussions around the funding of these industries and have commenced compilation of all suggestions. Feel free to send comments and ideas on how these industries can be best funded to firstname.lastname@example.org
Crown Natures Plc Set to hold first analyst call at NASD OTC
In line with our desire to identify, find funding for and highlight great investment opportunities, NASD will host Crown Natures Plc. to an Analyst Call on Friday, 24 March, 2017 at 10:00am
Crown Natures Plc. is an indigenous manufacturer of various kind of branded and unbranded textile products that have a 90% local content ratio. During the call, management of Crown Nature Plc. will provide more details on Crown Nature and its operations and shed more light on intentions to list on the NASD OTC Securities Exchange and conduct an initial public offer (IPO) to raise capital to fund its growth and expansion plans.
New Participating Institution (PI) Admitted to the NASD OTC Market
NASD is pleased to welcome The Bridge Securities Limited as the newest Participating institution on the NASD OTC Market. Investors are advised that they can now complete their trades in public unlisted securities through any of 121 participating institutions.
We welcome The Bridge Securities Limited and wish them successful trading on the NASD OTC market
Unlisted Securities Index
As at Friday, 03 March 2017, the index closed at 612.50 points (up 4.15% on previous close of 588.11 points).
PI Activity - 2017
Market in Numbers (YTD - 3 March, 2017)