ACT Prospects Limited, a company which forms part of the ACT group of companies has recently been approved by the Malta Stock Exchange to act as a Corporate Advisor on its ‘Prospects’ platform. Please see notice published on the website of the Malta Stock Exchange by clicking on the following link http://application.smeprospects.com/ProspectsNotices/PROSPECTS_NOTICE_05_2017.pdf.
ACT, a firm specializing in tax, advisory and corporate services has teamed put with a number of other professionals in the legal, accountancy, business advisory and corporate finance, to provide services to SMEs and assist them in listing their securities on the Malta Stock Exchange’s ‘Prospects’ market.
The platform ‘Prospects’ was launched last year by the Malta Stock Exchange whose purpose is to increase the financing options which are currently available to SMEs. ‘Prospects’ offers a more cost-effective solution for SME’s looking to obtain financing from other alternative sources, which up till now were not available to SMEs, away from the traditional methods of financing such as bank loans and other bank financing. Through ‘Prospects’, such SMEs may now raise up to €5million in equity or debt capital.
ACT will now be in a better position to assist both existing and prospective clients in raising capital through its role as a Corporate Advisor.