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22.12.2004 Business & Finance

Starwin’s Listing On GSE Postponed

By JOY Business Report
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The official listing of Starwin Products Limited on the Ghana Stock Exchange originally scheduled for Wednesday 22nd December was called off at the last hour following the apparent inability of the company to complete the due process for listing.

The Exchange authorities called off the listing after it became clear that Starwin has not been able to dispatch some share certificates to subscribers of its Initial Public Offer, one of the pre-requisites for listing equity.

The IPO attracted over 6400 subscribers and sources close to the company told JoyFM that the process of dispatching the certificates is expected to be completed before the week is out.

The sources say the listing of Starwin has been set tentatively for next Wednesday 29th December.

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