04:35:05 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Star Navigation Systems Group Ltd
Symbol SNA
Shares Issued 390,894,805
Close 2017-09-19 C$ 0.12
Market Cap C$ 46,907,377
Recent Sedar Documents

Star Navigation included on new CSE25 index

2017-09-19 12:28 ET - News Release

Mr. Viraf Kapadia reports

STAR NAVIGATION SYSTEMS PART OF CSE25 INDEX

Star Navigation Systems Group Ltd. will be a part of the CSE25, a new index just introduced by the Canadian Securities Exchange. This index comprises the securities of the largest companies by market capitalization trading on the exchange.

The CSE25 index is a subgroup of the CSE Composite Index. The composite index was launched in 2015 and includes almost half of the exchange's listed companies and covers over 75 per cent of the trading activity on the Exchange. The new index includes the top 25 securities by market capitalization contained in the composite index. These companies account for over 50 per cent of the weighting in the larger index and are typically stocks that attract considerable trading volume.

Viraf Kapadia, Star's chief executive officer, said, "Our listing on the CSE in April of this year has been a very positive move for our company and we look forward to working with the Exchange as Star moves forward."

About Star Navigation Systems Group Ltd.

Star Navigation owns the exclusive worldwide licence to its proprietary, patented in-flight safety monitoring system, STAR-ISMS, the heart of the STAR-A.D.S. system. Its real-time capability of tracking performance trends and predicting incident-occurrence enhances aviation safety and improves fleet management while reducing costs for the operator. Star's MMI division designs and manufactures high performance, mission-critical, flight deck flat panel displays for defence and commercial aviation industries worldwide.

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