CEO Marek Masojada attributed Boxer’s strong market debut to its proven value-driven model, which serves cost-conscious consumers
28 November 2024 - 10:10
Photo Business Day
by Nompilo Goba and Jacqueline Mackenzie
Boxer’s highly anticipated debut on the JSE on Thursday saw its shares soar as much at 20% at one stage, highlighting strong demand and investor confidence in the discount retail sector.
The low-cost retailer’s shares opened at R63.01, significantly higher than the initial public offering (IPO) price of R54, hitting a best level of R64.88 at one stage...
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