{"id":464639,"date":"2018-02-15T16:36:26","date_gmt":"2018-02-15T16:36:26","guid":{"rendered":"https:\/\/ghana-mma.com\/2018\/02\/15\/three-companies-risk-delisting-from-gse-by-may\/"},"modified":"2018-02-15T16:36:26","modified_gmt":"2018-02-15T16:36:26","slug":"three-companies-risk-delisting-from-gse-by-may","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2018\/02\/15\/three-companies-risk-delisting-from-gse-by-may\/","title":{"rendered":"Three companies risk delisting from GSE by May"},"content":{"rendered":"<p><\/p>\n<div id=\"medsection1\">\n<!-- End of html generated by this->header() --><\/p>\n<p class=\"floatLeft\">Business News of Thursday, 15 February 2018<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>Myjoyonline.com <\/p>\n<p>2018-02-15<\/p>\n<div class=\"article-left\">\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2017\/07\/65933790.295.jpg\" alt=\"Ghana Stock Exchange New98\" title=\"Ghana Stock Exchange New98\" width=\"295\" height=\"204\" \/><span class=\"image_caption\"><span>The three will be delisted if they fail to meet some listing requirements<\/span><\/span><\/p>\n<div class=\"noPrint\">\n<div id=\"537626303\" style=\"width:300;height:250;margin:0;padding:0\">\n<p>\t\t  <noscript><iframe loading=\"lazy\" id=\"b2ad7fa7fd\" name=\"b2ad7fa7fd\" src=\"http:\/\/ghanaweb-d.openx.net\/w\/1.0\/afr?auid=537626303&amp;cb=151125813973067\" frameborder=\"0\" scrolling=\"no\" width=\"300\" height=\"250\"><a href=\"\/\/ghanaweb-d.openx.net\/w\/1.0\/rc?cs=b2ad7fa7fd&amp;cb=151125813973067\"><\/p>\n<p>\t\t  <img decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2018\/02\/1518712586_917_ai\" border=\"0\" alt=\"\" \/><\/a><\/iframe><\/noscript><\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"clear:right\">The Ghana Stock Exchange says it would delist Aluworks, Pioneer Kitchenware and Cocoa Processing Company by May this year if they fail to meet some listing requirements. <\/p>\n<p>Managing Director of the Ghana Stock Exchange, Kofi Yamaoh said, \u201cSo far we have those that we\u2019ve put on the watch list\u2026those that we\u2019ve signed on to delist by the end of March, the deal is done. I mean it\u2019s completed. <\/p>\n<p>But for those on the watch list, yes, we have visited all of them to learn at first hand their plans towards turning around the companies,\u201d he added.<\/p>\n<p>Mr Yamoah said, \u201cWe only indicated that we\u2019ve put them on a watch list. The idea of the watch list is essential to say that \u2013 we want you to tell us your plans for turning around the company.\u201d<\/p>\n<p>Managers of the Exchange last year disclosed that it was working to remove four companies, for poor financial performance and inability to hold Annual General Meetings.  <\/p>\n<p>The companies then, included Aluworks, Cocoa Processing Company and Clydestone Ghana. <\/p>\n<p>It, however, noted that Golden Web would be delisted by end of March this year.<\/p>\n<p>There are calls on the GSE to hold on with this move because of the negative impact on the market.<\/p>\n<p><!-- uploaded by: 63 updated by: -1 --><\/p>\n<p><!-- Start of html generated by this->footer() -->\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>Business News of Thursday, 15 February 2018 Source: Myjoyonline.com 2018-02-15 The three will be delisted if they fail to meet some listing requirements The Ghana Stock Exchange says it would delist Aluworks, Pioneer Kitchenware and Cocoa Processing Company by May this year if they fail to meet some listing requirements. Managing Director of the Ghana [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":398993,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-464639","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts\/464639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/comments?post=464639"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts\/464639\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/media?parent=464639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/categories?post=464639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/tags?post=464639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}