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News & Knowledge

Minerva plays key role in the listing of DagangHalal PLC on the ISDX Growth Market

10th May 2016

Charles Le Feuvre, Minerva Trust & Corporate Services Limited

Minerva Trust and Corporate Services Ltd, MSI's Jersey accounting member firm, was appointed to provide support to DagangHalal PLC (ticker DGHL) on the ISDX Growth Market.

The shares of DagangHalal PLC (ticker DGHL), a Jersey incorporated company, were admitted for trading on the ISDX Growth Market on Thursday 7th April 2016.

DagangHalal provides a suite of complementary services to those operating in the Halal industry and operates, the world’s first global e-marketplace to provide Halal verification. The platform allows the rapidly growing community of Halal suppliers and consumers to trade with confidence, assuring them that the products and services being purchased are Halal.  In addition, the group also offers the world’s first online repository for Halal certificates, organisation and hosting of Halal trade fairs and training and consultancy to assist businesses seeking Halal certification.

The Group intends to use the proceeds from the listing to accelerate its growth strategy, in particular by expanding into new territories.

Minerva Trust & Corporate Services Limited, a leading independent provider of trust, corporate and fund administration services, was appointed to provide corporate secretarial and administration support for DagangHalal PLC. Minerva worked closely in a coordinated approach as part of the global advisory teams working for DagangHalal PLC.

Mohamed Hazli Mohamed Hussain, CEO DagangHalal PLC commented “The Minerva team were an integral part of the successful IPO of DagangHalal and I look forward to working with them as we enter our next growth phase. They are proactive and consistently deliver on time and on budget.”

Gavin Wilkins, Client Relationship Director at Minerva added: “We are delighted to work with DagangHalal PLC and congratulate the management team on admission to ISDX. The global Halal market is one of the fastest growing markets in the world and it is very exciting to be involved with a “world first” business as it embarks on its next phase of growth. Minerva has been supporting growing Asian businesses for over 35 years and we look forward to supporting DagangHalal PLC in achieving its future growth plans.”