Stock Market: Harel Mallac Exits Official Market for DEM

After 35 years on the official market, Harel Mallac & Co. Ltd plans to transition to the Development & Enterprise Market (DEM) of the Stock Exchange of Mauritius. The reason for this move is that the proportion of shares held by the public has fallen below the minimum threshold required for companies listed on the main market.

In a statement, the company's management informs its shareholders that this situation, which is beyond its control, is due to the fact that in order to remain on the official market...