Anheuser-Busch InBev To List On Johannesburg Stock Exchange In Mid-January 2016
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Anheuser-Busch InBev (AHBIF.PK, BUD) Monday announced its intention to list on the Johannesburg Stock Exchange in mid-January 2016.
The company has received approval from the Financial Surveillance Department of the South African Reserve Bank or SARB and the JSE for the secondary inward listing of AB InBev's issued ordinary shares without nominal value on the main board of the JSE by way of introduction.
Once the listing has been implemented, the ordinary shares will be tradable by South African resident investors without reference to their foreign portfolio allowances. They will be classified as 'domestic' for exchange control purposes. (dpa)
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