The Ghana Stock Exchange (GSE) has suspended trading in the shares of Cocoa Processing Company Limited (CPC) with effect from August 30, 2017.
The company has failed to meet its continuing listing obligations, in spite of several promptings. The obligations are failure to submit financial reports and failure to conduct Annual General Meeting.
The suspension of trading in CPC will be in force until September 13, 2017, which is the deadline for the company to rectify the anomalies.
Failure to do so will attract further sanctions as per the GSE Listing Rules.