A Special Stock Exchange for SMEs

A bill that would allow publicly listed shares of small and medium enterprises is being supported by the Panama Stock Exchange and the Company Accelerator at Ciudad del Saber.

Thursday, August 16, 2012

The "Stock Trading of Shares of SMEs" which could begin next year, aims to list shares from small and medium enterprises which have potential to develop a process of capital investment through angel investors.

"Manuel Lorenzo, director of the Acelerador de Empresas and manager of Ventura Club, the only network of angel investors in Panama, said that SME Exchange will pave the way for companies to list their shares in this market in preparation for being on the “Big Exchange” (VBP) in a further three or four years.

With the proposed model SMEs must comply with rules that require an organized market, such as transparency, corporate governance, having a board, posting relevant facts, financial reports, etc.. ", reports Panamaamerica.com.pa

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