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Chagala to delist from the London Stock Exchange

The company came under the direction of new management last year
Chagala to delist from the London Stock Exchange
The final goodbyes will be on 3 June

Chagala Group Ltd (LON:CGLO) is to delist from the London stock exchange, citing demands on management time and the regulatory burden as the principal reasons.

There has been a lack of liquidity in the company’s shares for some time.

READ: Chagala Group under new management following takeover

The listing is expected to be cancelled on 3 June 2019.

The move comes after a takeover of the company that took place towards the end of last year.

Chagala provides residential accommodation, on-site offices, catering, leisure, transport, warehousing and logistics support to all major companies involved in Kazakhstan’s emerging oil and gas industry.

 

 

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Chagala Group Timeline

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