
Audio By Carbonatix
Automobile dealer CFAO will today begin purchasing shares from its shareholders following moves to formally delist from the Ghana Stock Exchange.The firm, acting through its brokers Merban, is offering 4 pesewas for every share held, one pesewa more than the current market price of 3 pesewas.The firm has set March 21 as the formal date to move from the market.The move to delist follows a vote by shareholders in 2009 by a special resolution to take the company off the exchange as part of a global plan by CFAO to get out of all stock exchanges in Africa.Joy News/Ghana
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
-
Women in PR Ghana unveils Top 10 PR Women for 2025
7 seconds -
Tourism Minister advocates expansion of Vodza Regatta in Volta region to boost coastal tourism
10 minutes -
Gradual recovery signals shift in fortunes of Tema Oil Refinery
13 minutes -
Greece to ban social media for under-15s from next year
13 minutes -
Volta Chiefs condemn EOCO over alleged disregard for Court ruling in Kwamigah-Atokple case
15 minutes -
We need collective action to advance sustainability in Ghana and Africa – Deloitte Tax Partner
19 minutes -
Imperial College promotes science communication and Africa–UK innovation links
19 minutes -
Imperial College President calls for global science partnerships with Africa
30 minutes -
NPP leaders converge at party headquarters ahead of NEC meeting on polling station elections
40 minutes -
Fuel prices may rise in Ghana despite global drops – Duncan Amoah
43 minutes -
‘No one is above the law’- Volta Chiefs condemn EOCO over handling of Council of State member’s case
44 minutes -
AMA creates alternative pedestrian routes at Kaneshie after footbridge closure
48 minutes -
Ghanaians were misled- NPP accuses NDC of politicising Anti-LGBTQ bill
49 minutes -
iWatch Africa’s Philip Kwasi Banini to Speak at the 13th Digital Rights & Inclusion Forum in Abidjan
51 minutes -
Photos: Mahama receives full state welcome in Paris ahead of talks with French President Macron
1 hour