industry news
The Cayman Islands Stock Exchange is now allowing foreign firms to list there following a series of requests for the first time. It is hoped that this will help encourage the growth of a larger trading market rather than letting the CSX continue primarily as a simple listing service. The details of the new ruling are that an exempt or non-trading companies can now apply for listing, as can foreign company registered under Part IX of the Companies Law. In a statement, the Cayman Islands authorities said: "The CSX is already in discussions with potential issuers with regards to their l...
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