The National Stock Exchange of Australia, Australia's second largest listing market, has continued its strong start to 2015 welcoming two new listings in March.
Emerging Capital Limited (NSX:
ECL) commenced quotation on March 6th. Emerging Capital is an investor in technology, financial services, communications and internet sectors and currently holds three projects in its portfolio. It currently has a capitalisation of $3.6m.
Kaizen Global Investments (NSX:
KGI) commenced quotation on March 23rd. It too is an investment company, having raised $2.2 million in its IPO for investment primarily in equity securities. It provides investors with exposure to a global portfolio and has an absolute return focus.
NSX Chief Executive Emlyn Scott, commenting on the March listings, said "NSX's consistent message of providing a fast, simple, flexible and cost effective listing service is resonating amongst growing and innovative companies in Australia and beyond.
Emerging Capital and
Kaizen Global Investments are diverse offerings for investors but both found the NSX message compelling."
Mr Scott said he expects more innovative companies to join NSX in coming months. "With more people seeing how an NSX listing can benefit their companies, clients and shareholders and more examples listing every month, we see no end to the current surge in new listings."
