Tag: Clydestone
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GSE praised for suspending companies
Financial sector analysts have backed the decision by the Ghana Stock Exchange (GSE) to suspend companies that fail to comply with the rules of the stock market. According to them, the move will improve the efficiency of the local bourse and attract more investors. The GSE, last Friday suspended five companies for failure to comply…
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Stock Exchange lifts suspension on Clydestone and TRANSOL
The Ghana Stock Exchange (GSE) has lifted the suspension on the trading activities of two of the five companies that were sanctioned for failing to comply with some regulations guiding listing on the Exchange. The two companies are Clydestone (Ghana) Limited and Transaction Solutions (Ghana) Limited (TRANSOL). According to the GSE, the companies had corrected…
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Five companies risk delisting from stock market over non-compliance
At least five companies risk being delisted from the Ghana Stock Exchange (GSE) by September 2017 if they fail to rectify all anomalies with their listing obligations. That is the indication from some market analysts. It follows the decision by the Ghana Stock Exchange to suspend the trading activities for five companies on the domestic…