Nigerian Stock Exchange (NSE) has organised a series of road shows across the country for Alternative Securities Market (ASeM).
The Alternative Securities Market is specialised for emerging companies operating in Nigeria. The ASeM board on the NSE was developed to accommodate small to mid-sized companies, with high growth potential, seeking to access the capital market by raising long term.
The road show was held in 3 major cities: Port Harcourt, Uyo and Aba and these events took place on the 4th, 5th and 6th September 2013.
The theme for the symposiums held was “Transforming Businesses into Institutions”. The benefits of listing were discussed and participants were exposed to the opportunities available in the capital market. The need for small to mid-sized companies to formalise their businesses to becoming sustainable institutions was also demonstrated. We are seeking businesses that are ready to take the required next steps towards accessing the capital market.
Since the launch of ASeM earlier this year, the NSE has proven that this is a major focus area. SMEs remain the drivers of growth in the Nigerian economy and the NSE is a staunch believer in the critical role of emerging enterprises in a developing economy.
Mrs. Taba Peterside, head, Listings Sales Retention, NSE, explains that the Exchange has provided AseM as a platform for sustainable growth and development of these companies.
The recently held symposiums were organised in collaboration with Nextzon Business Services (NSE Accredited Institutional Service Value Add Provider) and Designated Advisers.