Libstar targets growth with planned JSE listing

Consumer packaged goods producer and supplier Libstar intends to list its issued ordinary share capital on the main board of the JSE. The directors of the company believe the listing is the next step in Libstar’s growth phase and will provide access to additional capital to expand capacity and create additional capabilities in existing production facilities, and support management’s strategy of continuing to invest in the current business units to improve margins and grow organically.