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Barring any unforeseen circumstance, Fan Milk Limited would hold its annual general meeting on Friday 8th May 2009.
Information available to Myjoyonline.com indicate that the board of Fan Milk Limited is expected to recommend to shareholders a dividend per share of GH¢0.075.
“This represents an increase of 30.4% of last year’s dividend. In the midst of the global financial crisis, Fan Milk Limited gained 88.3% on the Ghana Stock Exchange in 2008 moving from GH¢2.39 in January 2008 to GH¢4.50 in December 2008.”
The company made a capital investments during the year 2008 totalled GH¢6.6 million.
The investments included buying of additional vehicles to complement the company's fleet for distribution; a spiral fertilizer for production; waste water treatment Plant for the treatment of water waste and purchase of land in Sunyani for distribution centre.
Story Isaac Essel/Myjoyonline.com
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