Jasco receives firm intention for takeover and delisting

Technology company Jasco Electronics is a tep closer to delisting from the JSE with a big shareholder looking to buy the entire group issuing a firm intention to do so in line with local regulations.

Many small firms have struggled to attract investment on the exchange. Compounding the matter is a global technology downturn in which Apple, the world’s largest tech firm, has lost more than a quarter of its value in 2022.

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