Audio By Carbonatix
Unique Trust Financial Services, a successful company in Ghana is to list part of its shares on the Ghana Stock Exchange in the first quarter of next year.
Capt. Prince Kofi Amoabeng (retd), who is the company’s Chief Executive, said that part of the reason was to strengthen the stock market since the company believed in the stock exchange as a positive tool and strategy to improve corporate Ghana.
In March next year, the successfully growing company, which is the second on the prestigious club 100 list of companies, would go public to raise between GH¢15 million (150 billion) and GH¢20 million (200 billion) for 40 per cent stake in the company.
Capt. Amoabeng said that the company would use the money to expand the extent of its financial service delivery and ensure that they stay ahead of the financial market.
He commented on the performance of the national economy, saying that it was now time for Ghana to take a proper stock of itself in order to identify its strong areas and fully develop them.
He said that the government must carefully select sectors that it had better advantage in, identifying some of them as cocoa, agro-processing and horticulture and channel huge financial and technical resources so as to release their full potential.
He was also concerned about non-traditional exports, which he said had not seen as much support as it deserved, adding that large orders which still came into the country, could not be met.
SOURCE: DAILY GRAPHIC
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Gwollu, Resistance, and Renewal: The living legacy of the Tanjia Musa Fire Festival
10 minutes -
Ofori-Atta isn’t scared of criminal prosecution, he will come at the right time – Frank Davies
17 minutes -
Firefighters battle blaze at Madina Market
20 minutes -
“Metro Mass was in a sorry state, panting for breath when we took over” – MD Cezario Kale
22 minutes -
Japan restarts world’s largest nuclear plant as Fukushima memories loom large
26 minutes -
AG ‘extremely hopeful’ for Ofori-Atta’s return, acknowledges February 19 U.S. Court deadline
28 minutes -
Ghana’s High Commissioner to UK engages tech innovator Danny Manu on potential Ghana projects
41 minutes -
Adutwum best placed to lead NPP into 2028 elections – Campaign team
50 minutes -
NPP delegates will make history by electing Dr Adutwum as flagbearer – Campaign Team
54 minutes -
Digital intelligence, environmental disaster: AI’s hidden climate crisis
56 minutes -
Relief for Tema residents as GWL fixes major transmission line
1 hour -
African Trade Chamber appoints Anthony G. Hylton to advisory board
1 hour -
Majority rejects minority’s call for Ablakwa’s removal
1 hour -
Choosing to move, choosing to adapt: How climate migration is reshaping culture
1 hour -
Star Oil suspends COMAC membership amid price floor dispute
1 hour
