The Ghana Oil Limited (GOIL) is gearing up to list on the Ghana Stock Exchange (GSE).
Joy News can confirm that investors are also warming up as the state enterprise puts in its application.
News about GOIL getting on the stock exchange has been around for more than two years and assurance last year from the company has kept many investors anxious and waiting to own a part of the oil marketing company.
Joy News sources say Merban brokers have submitted the draft listing document on behalf of GOIL to the regulators, the GSE and the Securities and Exchange Commission for assessment.
GOIL is among major state enterprises that government intends to divest through the stock exchange.
Another major company is the State Insurance Company which has now separated its life business and incorporated it as a different entity all in preparation towards listing on the GSE.
Our sources say the document on GOIL is currently been considered and discussions will continue for a while before the final approval is granted.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
UCL: Arsenal edge past Shakhtar Donetsk
2 hours -
UCL: Vinicius hattrick gives Real Madrid comeback win over Dortmund
3 hours -
Understanding the necessity of new GES academic calendar for second cycle institutions
3 hours -
Ex-Abercrombie CEO charged with running sex trafficking ring
3 hours -
Kasoa ritual murder case: Absentee juror fined
4 hours -
Police offer GH¢20K reward for arrest of armed suspect in Mamobi political clash
4 hours -
Blade Runner 2049 maker sues Musk over robotaxi images
4 hours -
Vacant seat controversy: NDC commends Speaker Bagbin for displaying ‘maturity’ at Tuesday’s proceeding
4 hours -
Akatsi North chiefs honour “Next President” Bawumia
4 hours -
AbrahamTheLion debuts spiritually charged EP, ‘Warrior Kings & Priests’
4 hours -
Parliament brouhaha: This matter is far from over – Dafeamekpor
5 hours -
Clerk of Parliament hasn’t arranged seats; NPP majority position still stands – Habib Iddrisu
5 hours -
We’re engaging international partners to deploy service personnel abroad – National Service Authority
6 hours -
Ghanaians to use VFSGlobal for UK Visa applications from October 22
6 hours -
2024 election: Cynthia Morrison to still contest as Independent candidate
7 hours