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
-
CBS defends pulling 60 Minutes segment about Trump deportations
1 minute -
NPP Electoral Area Coordinators in Ashaiman, Tema East join wave of declarations for Dr. Bawumia
25 minutes -
Tema East Constituency excuses Bawumia from campaigning, pledges votes
37 minutes -
NPP started ‘Nkokor Nkintikiti’ as poultry intensification – Bryan Acheampong
1 hour -
Government reopens Ussher and James forts after closure, imposes strict new rules
1 hour -
MTN Ghana honours 50 Mobile Money agents and merchants in Central Region
1 hour -
Ghana, Russia launch decade-long literary exchange to promote indigenous languages
1 hour -
Tanyigbe Traditional Council reaffirms the authority of Togbega Kodi Adiko VI
1 hour -
Korle Bu Mortuary: 320 unclaimed bodies set for mass burial
2 hours -
KBTH to hold mass burial for unclaimed and unidentified bodies
2 hours -
Eastern Region emerged NPP’s strongest performer in 2024 parliamentary polls – Bryan Acheampong
2 hours -
Central Region: FDA urges extreme caution in Christmas shopping
2 hours -
Klokpo Festival: Culture, unity and development take centre stage in Bakpa
2 hours -
MPs, DCEs urged to partner chiefs to accelerate Tongu development
2 hours -
I’ll restore discipline in the NPP—Bryan Acheampong
3 hours
