Lottotech Preparing for IPO

8 years, 8 months ago - November 14, 2013
New adventure for Lottotech Ltd., which manages the lottery. The company will soon be entering the official market of the Stock Exchange of Mauritius. She said yesterday, Tuesday, November 12, she prepared her current admission file.

Lottotech Ltd. , a subsidiary of Gamma Civic Lotto manager will soon be listed on the official market of the Stock Exchange of Mauritius . She applied for a listing with the stock exchange authorities. In a statement issued yesterday, Tuesday, November 12, she informed its shareholders and the general public of its efforts.

The contribution Lottotech group Gamma , for the 15 months ending September 30, 2013 amounted to Rs 3.2 MDS, an amount lower than that earned in the same period in 2012. The direction of Gamma attributed to lower sales of scratch cards and lottery tickets.

It should be noted that the last three years have seen many local, international companies, as well as global funds do their IPO. According to available statistics, 28 new entities were either listed on the official market or on the Development & Enterprise Market during this period. The trading platform has also been actively used by listed companies to raise funds to finance their restructuring or new development plans.

 

Text by lexpress.mu

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