NAMIBIAN MINE TO BE LISTED ON NASDAQ!

TRUSTCO GROUP HOLDINGS LIMITED, is a Namibian Company headquartered at Windhoek. It plans to enlist on Nasdaq. At the moment it's listed on the Johannesburg Stock Exchange (JSE) and Namibian Stock Exchange (NSX). Trustco will have Nasdaq as its Primary Listing. At the same time the Company will retain both the NSX and JSE as Secondary Exchanges. The idea behind the Nasdaq Listing is to tap into the huge American capital markets. Nasdaq represents more than half of the global equity market capitalisation. Almost 35% of Trustco's Shareholders are domiciled in the U.S. This venture is likely to improve liquidity and enhance investor confidence. Dr Quinton Van Rooyen, is Trustco's Chief Executive Officer. He believes the idea will steer wealth creation for Shareholders and contribute to Namibia's GDP. This move requires permission from the U.S. Securities and Exchange Commission, Shareholders and Nasdaq. Should the same go through, Trustco's standing will attract world investors in African assets. Trustco is involved in Investments, Real Estate and Natural Resources sectors. Trustco Group Holdings, was established by Dr Quinton Van Rooyen in, 1992 as an Insurance Company in Namibia. Later on, Trustco diversified into many sectors like, Banking, Real Estate, Education and Mining. In 2006, it listed on NSX and 2009 listed on JSE. The Company is now into diamond Mining. Trustco Resources is the diamond arm, Mining in Namibia and Sierra Leone. Trustco Holdings Limited operates in Mauritius and South Africa. In Education, they provide financial assistance for vacational training. In Sierra Leone, they operate a diamond Mine called, Meya Mining. In the first half of, 2024 its revenue was almost $95 Million. It has a market capitalisation of around $38 Billion.