Quantas Advantage Inc officially listed on Jamaica Stock Exchange’s main market this morning

Investment company, Quantas Advantage (QA) Inc., was officially listed on the Jamaica Stock Exchange’s main market this morning.

The listing follows a highly successful and oversubscribed Initial Public Offering (IPO), which closed on May 21.

The company initially sought J$1.5 billion, but investor demand pushed the total raise to J$2.4 billion.

Speaking at the listing ceremony at the JSE’s Kingston office, JSE Group Chief Executive Officer Livingstone Morrison challenged QA to embrace the highest standards of stakeholder engagement and responsibility.

Meanwhile, QA’s Chair, Jacqueline Sharp, accepted Mr. Morrison’s challenge, adding that the company aims to finance businesses and projects with flexibility, innovation and sound structuring.