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Tapir Holding Ltd on Friday said it plans an initial public offer on AIM in London on Wednesday next week with an anticipated market value of £67 million. Tapir, a strategic investment holding company, is listed on the Bermuda Stock Exchange, and is 76% owned by Chair Michael Ashcroft, the former deputy chair of the Conservative Party. The firm’s sole asset is its 10% stake in Rendeavour Holdings Ltd, which is held through its wholly owned subsidiary Tapir Venture Holdings Ltd. Rendeavour is an investor in East and West African urban development projects and is one of the largest diversified pan-African land platforms, focused on providing infrastructure, planning and urban management to create satellite cities in East and West Africa. On admission, shares will remain admitted to trading on the Bermuda Stock Exchange, but will become the secondary listing, with AIM the primary listing. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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