Johannesburg - Clover said on Wednesday it plans to suspend the over-the-counter trading of its shares as it prepares to list on the Johannesburg Stock Exchange to raise funds for expansion.
Clover said last month its board had approved the listing to help raise R337m.
Clover said in a statement the trading will be suspended as it prepares to migrate to the main board of the JSE.
Clover has appointed Rand Merchant Bank as lead advisor and bookrunner of the initial public offering.
Clover would be the 11th company to list in Johannesburg this year, after 12 companies listed last year.
Clover said last month its board had approved the listing to help raise R337m.
Clover said in a statement the trading will be suspended as it prepares to migrate to the main board of the JSE.
Clover has appointed Rand Merchant Bank as lead advisor and bookrunner of the initial public offering.
Clover would be the 11th company to list in Johannesburg this year, after 12 companies listed last year.