Optasia, the Dubai-based fintech company founded by Nigerian-Lebanese entrepreneur Bassim Haidar, plans to list on the Johannesburg Stock Exchange JSE in an initial public offering that could value the company at about R26 billion 1.5 billion.
Optasia seeks 365 million from JSE listing
The proposed listing marks one of the largest potential technology offerings on the JSE in recent years and could raise up to R6.3 billion 365 million through a mix of new share issues and private placements. The deal will also give existing shareholders an opportunity to sell part of their stakes.