Audio By Carbonatix
Pioneer Kitchenware, suspended from trading on the Ghana Stock Exchange last month because of its failure to hold Annual General Meetings, is working hard to return to the local bourse by June.
The Ghana Stock Exchange (GSE) insists that the company would only be allowed back if it fulfills all the listing requirements. According to Kofi Yamoah, the Managing Director of the GSE, Pioneer Kitchenware will be readmitted only if the entire legal requirement has been met by the company.
The Managing Director of Pioneer Kitchenware, Felix Began, told Joy News in an interview that his outfit is working assiduously to meet the June deadline. He said that the company account has just been completed but it is yet to be audited.
The Aluminum manufacturing firm, blames the decline in its fortunes over the years to the closure of VALCO which has been the main source of its raw materials and some managerial challenges.
Pioneer Kitchenware limited which was a market leader in the production of aluminum household items, listed on the stock Exchange in 1995.
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