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.
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
-
Parts of Accra to experience power interruption on Sunday for emergency GRIDCo tower restoration
5 minutes -
Dafeamekpor defends Ayine’s handling of Aksa case, faults past AGs
39 minutes -
Luv FM High School Debate: Afigyaman, OKESS seal Round of 16 spots in style
41 minutes -
Dafeamekpor urges Parliament to stay out of Aksa probe, backs expert-led inquiry
42 minutes -
The rise and rise of Azigi
49 minutes -
Is Angela List being targeted? Government must reconsider the Adamus revocation
51 minutes -
Bezos-backed consortium buys a third of Liverpool
52 minutes -
Galamsey is becoming a national survival issue – Annoh-Dompreh
1 hour -
Beyond State Funding: NSA Inaugurates Deen-led team to power Ghana’s sports reset
1 hour -
Jason Arday death ‘tragedy on so many levels’ says PM Burnham
1 hour -
NPP has never used nolle prosequi to shield appointees – Baffour Awuah
1 hour -
A-G owes it a duty to the State even if we don’t trust him – Dr Bomfeh on AKSA bribery probe
2 hours -
A Plus dismisses claims poor English explains his limited role in Parliament
2 hours -
Unauthorised drone flights banned at Manhyia Palace
2 hours -
Aksa bribery scandal: Ghana’s probe must be pursued with speed – Dafeamekpor
3 hours