Sun International to List on A2X South African hospitality, gaming and entertainment group, Sun International has been approved for a secondary listing on A2X Markets. WITH A market cap of R3.8 billion, its shares will be available for trade on A2X from Monday, 12 April 2021.…SunInternational will retain its primary listing on the Johannesburg Stock Exchange (JSE) and its issued share capital will be unaffected by its secondary listing on A2X.… The Sun International group has a diverse portfolio of assets including worldclass five-star hotels, modern and welllocated casinos, and some of the world’s premier resorts. It also owns South Africa’s leading timeshare model and is the industry leader in online betting through its SunBet platform. Sun International CE, Anthony Leeming remarked , “Our listing on A2X provides our shareholders with the choice of an additional platform on which to transact our shares and to capture the savings offered through the lower exchange fees and narrower spreads.”…
…A2XCEO, Kevin Brady said, “Sun International has been a leading brand in South Africa since the 1960s, and its longevity is testament to its ability to adapt and recognise opportunity. We are pleased to be welcoming them to our market on 12 April.”…
Sun International joins other well-known companies on A2X, including Naspers, Prosus, Standard Bank, Sanlam, Sasol, Aspen Pharmacare, Exxaro, AVI, Mr Price and Famous Brands. Their listing on 12 April will bring the number of securities available for trade on A2X to 40 with a combined market capitalisation of R5.2 trillion. A2X has listings from many key sectors, including media, property, mining, banking, retail, FMCG, financial services, insurance, healthcare and telecommunications. …A2Xis a licensed stock exchange that provides a secondary listing venue for companies. It is regulated by the Financial Sector Conduct Authority and the Prudential Authority (SARB) in terms of the Financial Markets Act. A2X commenced trading in October 2017 and…haseight approved brokers, including five of the top six largest brokers as measured by value traded.
Seychelles Casinos Open After months of restrictions, closed shops, missed family time and diminished nightlife, the sun-kissed Inidan Ocean island of Seychelles has finally ended the last phase of the COVID-19 lockdown nightmare. THE PUBLIC Health Commissioner, Jude Gedeon, announced that the government ended restriction measures on April 12 since the island nation’s “vaccination coverage is improving and going well, and we have registered a drop in the numbers of admissions to the hospital linked to COVID-19.” “Cinemas, casinos, and standalone bars that were closed are now getting permission to open. Gatherings among family members are now permitted, however it is necessary that they practice restraints, control, and take into account vulnerable people in the households, especially if they have not been vaccinated,” said Gedeon. Gedeon said it is really important that the public assumes their personal responsibilities and continue wearing face masks, practice social distancing and good
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hand hygiene. The same applies for businesses as going forward “we would like to see a functioning society without having to go back to the restrictions that were in place,”
said Gedeon. Meanwhile, Seychelles also kicked off a vaccination programme for seafarers and new Gainful Occupation Permit (GOP) holders on Thursday. April / May 2021
