Audio By Carbonatix
PZ Cussons is asking shareholders to approve a plan to delist from the Ghana Stock Exchange (GSE) by the end of this year.
“PZ Cussons Ghana Limited wishes to announce the Company’s intention to de-list from the Ghana Stock Exchange subject to Shareholder approval, and approval from the Securities and Exchange Commission (“SEC”) and/or the Ghana Stock Exchange (“GSE),” a statement from the company has said.
According to PZ Cussons Ghana, The proposed de-Listing is in line with the company’s plans to achieve operational efficiency, by providing management of the company more time and resources to focus on running and expanding the business, its distribution network and reach, thereby ensuring consumer satisfaction.
The statement added, “The proposed de-listing is not expected to impact job security, day-to-day operations and relationships with stakeholders.”
The Ghana Stock Exchange (GSE) has in recent times warned of a stiffer punishment for all listed companies that do not comply with its listing regulations.
There are presently about 42 companies listed on the Ghana Stock Exchange (GSE).
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.
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
-
AU flatly rejects Somaliland bid, reaffirms Somalia’s unity
5 hours -
Mali rally to claim draw against AFCON host Morocco
5 hours -
Man City players ‘incredibly disciplined’ – Guardiola
5 hours -
How to get rid of unwanted Christmas presents – without being found out
5 hours -
Zelensky plans to meet Trump on Sunday for talks on ending Russian war
5 hours -
Thousands of US flights disrupted as winter storm looms
6 hours -
US judge blocks detention of British social media campaigner
6 hours -
Gun Amnesty: Greater Accra leads in weapons surrendered
6 hours -
Dave Bishop outlines vision as he seeks Ghana Boxing Federation executive board position
6 hours -
Former Ivory Coast coach Gasset dies
7 hours -
An Open Letter to the Deputy Attorney General, Dr Justice Srem-Sai
7 hours -
Humour at its finest at Kumasi Comedy Show
7 hours -
Police Christmas special operation: 101 suspects arrested in Greater Accra
8 hours -
15 arrested after sporadic shooting at Ho central mosque
8 hours -
GES condemns alleged theft of food supplies at Awaso STEM SHS
9 hours
