Audio By Carbonatix
Automobile dealer CFAO is set to formally de-list from the Ghana Stock Exchange. Trading in the company’s stock on the bourse will as a result end by March 21.
It follows a vote by shareholders in 2009 by a special resolution to take the company off the exchange. The move is part of a global plan by CFAO to get out of all stock exchanges in Africa.
Shareholders who have not been able to dispose of their shares will from January 24 have an opportunity to do so. CFAO will be offering four Ghana pesewas per share at the existing price.
It represents twice the current share price of two pesewas.
Source: Joy Business/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
-
Farmerline, others support farmers in Weta and Avalavi following flood devastations
27 minutes -
Yara Ghana introduces two crop-Specific fertiliser solutions to improve farmers’ yields
27 minutes -
Asiedu Nketia’s lead fuelled by NPP support; Ato Forson holds edge among floating voters — Mussa Dankwah
30 minutes -
Chief of Staff urges lifelong learning after earning doctorate
31 minutes -
First-time contenders Enyan Denkyira SHTS snatches final Central region ticket to qualify for nationals
40 minutes -
Cape Verde’s Lopes Cabral’s goal wins Goal of the Tournament at 2026 World Cup
47 minutes -
GWL MD inspects water plants as GH¢8.4m GoldBod rehabilitation project begins
58 minutes -
Chief of Staff credits family, mentors and Kwahu traditional leaders for successful PhD journey
1 hour -
No court sittings in Greater Accra on July 28 and 31 as Judiciary marks Supreme Court’s 150th anniversary
1 hour -
Illegal miners operate near Mpohor Fiase police station as communities plead for gov’t intervention
1 hour -
Foreign Affairs Ministry approves 623 free passport replacements for June 29 flood victims
1 hour -
Vice President urges Ghanaian diaspora to invest in value addition, help transform economy
1 hour -
NPP’s ‘future is pregnant’ slogan doesn’t scare us — NEIP CEO
1 hour -
GIADEC dismisses reports linking Ibrahim Mahama to VALCO acquisition
1 hour -
272 Ghanaians recruited into Russia-Ukraine war since 2022, about 55 dead – Ablakwa
1 hour