The announcement was made recently by SL Capitais in the context of an event promoted under the slogan “Boosting the Capital Market in Mozambique”. On the occasion, the Chairman of the Mozambican Stock Exchange, Salim Valá, praised the importance of the entry of that capital sales management company in the domestic market.
According to the press release, SL Capitais SA will participate in the primary securities market and its main objective will be the exercise of intermediation activity in the BVM.
The new operator will also intervene in the reception of investors’ orders for securities transactions and in the respective execution, as well as in the rendering of services related to the organization, registration or obtaining of authorization, and in the launch and execution of public transaction offers.
The President of SL Capitais, Leonel Tomo, said that the company was created to boost operations in this branch of activity.
SL Capitais SA is a brokerage house 100% owned by Mozambican shareholders. SL Capitais SA was created in response to the challenges facing the capital market in Mozambique, namely the low level of liquidity and the reduced number of companies listed on the stock exchange.
In his speech, the President of the Executive Council (CEO) of SL Captais, SA, Leonel Tomo, referred that his institution appears in the economic circuit as an agglutinating element, for the growth and integration of more companies in the Mozambican Stock Exchange.
