The company reduced its net LOSS before tax from GHC 3.35 million in 2011 to GHC 2.33 million in 2012. Due to the loss, no dividend will be paid.The recent rights issue to raise additional capital was not too successful. The company could not raise the exact amount it needed to carry out the planned … Continue reading Highlights from Aluworks (ALW)’s Annual Report – Chairman’s Statement
Press Release:QUALIFYING DATE AND CLOSURE OF REGISTER OF MEMBERS FOR RIGHTS OFFERAluworks Limited (ALW) is pleased to announce a Renounceable Rights Offer (Offer) of 600 millionordinary shares of no par value at GH¢0.05 per share to qualifying shareholders. The Offer will be made ina ratio of 6.5181 new shares for every 1 existing share held. … Continue reading ALUWORKS LIMITED, (ALW) ANNOUNCES RENOUNCEABLE RIGHTS OFFER: – DETAILS.