Audio By Carbonatix
A Real Estate Developer is on its way to be the first in the industry to list on the Ghana Stock Exchange.
Comet Properties has secured approval for provisional listing on Wednesday which means that it will be on a second list for six months during which it is expected to meet all the requirements for full listing and be allowed to float its shares to the public.
Provisional listing was introduced by the stock exchange to encourage small and medium scale enterprises to get onto the stock market.
Its requirements are not as stringent as those for full listing.
Ahead of the provisional listing, the Chief Executive of Comet Properties Nana Odeneho Kyeremanteng told Joy Business the listing will enable the company pool funds to expand its business.
“It enables us to have opportunity of actually sourcing for funds which is very difficult and also very expensive outside the stock,” he said.
He said the company will also be able to employ the relevant expertise to enable it delivery better services.
Source: Joy Business/Myjoyonline.com/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
-
MTN announces airtime and data sales blackout for January 2 in preparation for new VAT tariffs
10 minutes -
Not Semenyo’s ‘last game’, says Iraola as Man City close in
39 minutes -
12 of the best TV shows to watch this January
55 minutes -
NPP begins nationwide exhibition of voter register for 2026 presidential primaries
1 hour -
Senegal conclude Group D with comfortable win over Benin as both progress to Round of 16
2 hours -
Scores sleep overnight at Accra Sports Stadium more than 18 hrs ahead of Alpha Hour Convocation
3 hours -
When revenue collection hurts business
3 hours -
Creative Canvas 2025: Shatta Wale – Disruption as a strategy, dominance as the result
4 hours -
Is talk of “losses” by GoldBod just abstract drivel? Bright Simons asks
5 hours -
US Strikes: Ondo Amotekun arrests 39 fleeing suspected terrorists
5 hours -
New Passport Office opens in Techiman, bringing vital services closer to Bono East residents
6 hours -
Anthony Hopkins shares advice as he celebrates 50 years of sobriety
6 hours -
KTU Radio wins international award for its unique programme on World College Radio Day
6 hours -
German court jails man for drugging, raping and filming wife for years
6 hours -
Ashanti police intercept 2,600 AK-47 rounds and tactical gear at Asankare Barrier
6 hours
