OTC Markets Group Inc. (OTCQX:OTCM) announced that Sappi Ltd. (JSE: SAP; OTCQX: SPPJY), a global woodfibre-based materials provider, has upgraded from the Pink market to the OTCQX Best Market.
The move enhances transparency and access for U.S. investors.
CEO Steve Binnie said the listing supports Sappi’s goal to expand its shareholder base beyond South Africa and increase visibility among North American investors.