Ariston plots VFEX listing, seeks US$18 million raise

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ARISTON Holdings (Ariston) is considering ditching the Zimbabwe Stock Exchange and seeking a Victoria Falls Stock Exchange (VFEX) listing as part of a long-term capital raising strategy to meet its US$18 million capital expenditure target.

Ariston’s potential VFEX listing follows similar migrations by several counters seeking dollar-denominated capital and improved foreign investor appeal.

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