Swala eyes listing on the DSE's second market

Swala Energy, the Australian hydrocarbon exploration firm, is finalising plans to list its Tanzanian subsidiary, Swala Energy (Tanzania) on the Dar es Salaam Stock Exchange (DSE) before June, offering an opportunity for investors to buy into and gas business. 

The company said it will list the subsidiary through an Initial Public Offering (IPO) at the bourse’s newly created Enterprise and Growth Market segment (EGMs) by the end of the second quarter of this year.
Source: The EastAfrican, www.theeastafrican.co.ke
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