{"id":414052,"date":"2017-09-03T16:21:40","date_gmt":"2017-09-03T16:21:40","guid":{"rendered":"https:\/\/ghana-mma.com\/2017\/09\/03\/gse-cites-5-companies-for-possible-delisting-from-bourse\/"},"modified":"2017-09-03T16:21:40","modified_gmt":"2017-09-03T16:21:40","slug":"gse-cites-5-companies-for-possible-delisting-from-bourse","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2017\/09\/03\/gse-cites-5-companies-for-possible-delisting-from-bourse\/","title":{"rendered":"GSE cites 5 companies for possible delisting from bourse"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The Ghana Stock Exchange (GSE) has announced that five companies have been suspended from trading in shares effective from Monday, August 28, 2017.<\/p>\n<p>The companies are African Champion Industry Limited (ACI), Clydestone (Ghana) Limited (CLYD), Golden Web Limited (GWEB), Pioneer Kitchenware Limited (PKL) and Transaction Solutions Limited (TRANSOL).<\/p>\n<p>According to a statement by the GSE, \u201cthese companies have failed to meet their continuing listing obligations in spite of several promptings to do so.\u201d<\/p>\n<p><!-- \/1002554\/Myjoyonline.com_InArticle_300x250 --><\/p>\n<p>These obligations include; failure to submit financial reports, non-payment of annual listing fees and failure to conduct Annual General Meeting (AGM), among others.<\/p>\n<p>The suspension of trading in the above companies will be in force until September 8, 2017, which is the deadline for the companies to rectify the anomalies.<\/p>\n<p>\u201cFailure to do so will attract further sanctions as per the GSE Listing Rules,\u201d the statement added.<\/p>\n<p>The announcement on the <b>GSE website<\/b> is published below:<\/p>\n<div class=\"panel-collapse collapse in\" id=\"collapse2452\" style=\"box-sizing: border-box; visibility: visible; color: rgb(47, 47, 47); font-family: Roboto, sans-serif; font-size: 14px; margin: 0px 30px; height: auto;\">\n<div class=\"panel-body\" style=\"box-sizing: border-box; padding: 10px 30px 20px 10px; border-top: none; background-color: rgb(238, 238, 238); margin-bottom: 10px;\">\n<p>The Ghana Stock Exchange (GSE) will with effect from Monday, August 28, 2017<br \/>suspend trading in the shares of the following listed companies:<br \/>1. African Champion Industry Limited (ACI)<br \/>2. Clydestone (Ghana) Limited (CLYD)<br \/>3. Golden Web Limited (GWEB)<br \/>4. Pioneer Kitchenware Limited (PKL)<br \/>5. Transaction Solutions Limited (TRANSOL)<\/p>\n<p>These companies have failed to meet their continuing listing obligations in spite of several promptings to do so. These obligations include; failure to submit financial reports, non-payment of annual listing fees, failure to conduct Annual General Meeting, among others.<\/p>\n<p>The suspension of trading in the above companies will be in force until September 8, 2017, which is the deadline for the companies to rectify the anomalies. Failure to do so will attract further sanctions as per the GSE Listing Rules.<\/p>\n<p>Issued in Accra, this 25th day of August, 2017.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ghana Stock Exchange (GSE) has announced that five companies have been suspended from trading in shares effective from Monday, August 28, 2017. The companies are African Champion Industry Limited (ACI), Clydestone (Ghana) Limited (CLYD), Golden Web Limited (GWEB), Pioneer Kitchenware Limited (PKL) and Transaction Solutions Limited (TRANSOL). According to a statement by the GSE, [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":414053,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-414052","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GSE cites 5 companies for possible delisting from bourse - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2017\/09\/03\/gse-cites-5-companies-for-possible-delisting-from-bourse\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"GSE cites 5 companies for possible delisting from bourse - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"The Ghana Stock Exchange (GSE) has announced that five companies have been suspended from trading in shares effective from Monday, August 28, 2017. The companies are African Champion Industry Limited (ACI), Clydestone (Ghana) Limited (CLYD), Golden Web Limited (GWEB), Pioneer Kitchenware Limited (PKL) and Transaction Solutions Limited (TRANSOL). According to a statement by the GSE, [&hellip;]\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/03\\\/gse-cites-5-companies-for-possible-delisting-from-bourse\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/03\\\/gse-cites-5-companies-for-possible-delisting-from-bourse\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"GSE cites 5 companies for possible delisting from bourse\",\"datePublished\":\"2017-09-03T16:21:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/03\\\/gse-cites-5-companies-for-possible-delisting-from-bourse\\\/\"},\"wordCount\":281,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/03\\\/gse-cites-5-companies-for-possible-delisting-from-bourse\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/03\\\/gse-cites-5-companies-for-possible-delisting-from-bourse\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/03\\\/gse-cites-5-companies-for-possible-delisting-from-bourse\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/03\\\/gse-cites-5-companies-for-possible-delisting-from-bourse\\\/\",\"name\":\"GSE cites 5 companies for possible delisting from bourse - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/03\\\/gse-cites-5-companies-for-possible-delisting-from-bourse\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/03\\\/gse-cites-5-companies-for-possible-delisting-from-bourse\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2017-09-03T16:21:40+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/03\\\/gse-cites-5-companies-for-possible-delisting-from-bourse\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/03\\\/gse-cites-5-companies-for-possible-delisting-from-bourse\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GSE cites 5 companies for possible delisting from bourse - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2017\/09\/03\/gse-cites-5-companies-for-possible-delisting-from-bourse\/","twitter_card":"summary_large_image","twitter_title":"GSE cites 5 companies for possible delisting from bourse - Ghanamma.com","twitter_description":"The Ghana Stock Exchange (GSE) has announced that five companies have been suspended from trading in shares effective from Monday, August 28, 2017. 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