CSE Global plans to list British unit on London Stock Exchange
Published on Aug 13, 2013 8:33 PM
CSE Global's wholly-owned subsidiary, CSE Global UK, is currently pursuing a separate listing on the London Stock Exchange.
The separation of CSE UK will provide financial independence to both CSE and CSE UK to facilitate future access into capital markets for debt and equity funding to pursue future growth opportunities.
CSE intends to divest its ownership in CSE UK and will continue to operate and enhance the remaining elements of the CSE business based in Asia-Pacific and the USA.
The listing allows CSE to realise the value in British business and redeploy its capital to other business opportunities.
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