
Audio By Carbonatix
ADB bank has re-opened its Initial Public Offer (IPO) after attempts to block the move fell on the rocks.
MP for New Juabeng, Dr Mark Asibbey-Yeboah and the Union of Industry, Commerce & Finance (UNICOF) have been seeking to prevent the IPO from going through.
“The Supreme Court of Justice of Ghana, upon a voluntary application by Dr Mark Assibey-Yeboah and UNICOF to withdraw their applications after a review of their legal position, on 22nd September 2015 and 29th September 2015 respectively, struck out both applications as withdrawn,” the bank said in a statement Wednesday.
Click this link for the full statement from ADB and a timetable for the re-opened IPO.
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
-
Henderson not ruled out of World Cup despite breaking arm
2 hours -
Man Utd agree deal for Chelsea’s Santos
3 hours -
Chelsea announce £40m Quenda signing
3 hours -
US confirm Pulisic leg fracture in defeat by Belgium
3 hours -
Man Utd plan naming rights deal for new stadium
3 hours -
Norwegian football jerseys sold out ahead of Three Lions showdown
3 hours -
Norway’s Haaland says pressure is all on England
3 hours -
Quansah banned for two games after Mexico red card
3 hours -
Arsenal target Guimaraes asks to leave Newcastle
4 hours -
Case Management Conference in Mamprobi baby theft case fixed for July 16
4 hours -
EM Advisory proposes tri-pole economy to ease pressure on Accra
4 hours -
Woman accused of absconding with GH¢156,445 ‘susu’ money granted bail
4 hours -
Regina Yayra Adenyo elected UCC SRC Vice President
4 hours -
Mbappe and Dembele send France into World Cup semi-finals
4 hours -
JoyNews’ Caleb Ziblim wins Overall Best Fellow and three other awards at Africa Extractives Media Fellowship
4 hours