Tag: AGM
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GOIL records highest profit growth since 2016
GOIL Company Limited now GOIL Company Limited (PLC), has recorded its highest growth in 3 years. The company whose share price witnessed a drop of about 45 percent in 2019, said its impressive performance should improve demand for its shares which will boost its share valuation on the Ghana Stock Exchange. The company reported a…
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Intravenous Infusion targets West African market as COVID-19 slows demand for medical supplies
Pharmaceutical company, Intravenous Infusion PLC (ILL), has announced plans to expand its market reach in the West African sub-region. According to the company, this is due to an expected decline in its revenue generation as major health facilities in Ghana record reductions in Outpatient Department (OPD) attendance and the postponement of elective surgeries due to…
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Registrar General issues guidelines for virtual AGMs
The Registrar General’s Department has issued modalities for companies to hold their Annual General Meetings using virtual platforms. The Department says it has to be notified before such meetings are held. “The Registrar-General should be notified before such a virtual meeting is held. The notification can be submitted to the Head Office in Accra or…
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Guinness Ghana declares dividend to shareholders at 47th AGM
The leading total beverage manufacturing company in Ghana, Guinness Ghana Breweries PLC, has declared dividend to its shareholders, after the company’s 47th Annual General Meeting in Kumasi. The financial year under review delivered GHc9 million in dividend, which translates into a dividend payout of GHc0.0293 per share, which was approved by the shareholders on Wednesday…
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GCB Bank to expand operations through technology—Board Chairman
The Board Chairman of GCB Bank, Jude Kofi Arthur has stated that the bank will focus on expanding is operations through technology. According to him, even though GCB bank can boost of the largest number of branches in the country, it will however leverage on technology to further entrench its position as the leading bank…
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MTN Ghana targets another 4G spectrum to boost operations
MTN Ghana has indicated that it is seeking to purchase the remaining 4G spectrum on offer by the National Communications Authority (NCA). The company said the move should improve its quality of service delivery and expand its network operations. MTN was initially excluded from purchasing any of the three (2 x 5) megahertz spectrums that…