The right issues feature 1,872,461,736 ordinary shares and 196,503,781 preference shares infusing $9.51 million to strengthen its capital adequacy ratio.
CalBank
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The suspension follows the filing of an injunction by minority shareholders, specifically targeting the allotment of shares. Court hearings are scheduled to …
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Bank tied to Ghana’s leading investor Daniel Ofori unveils $45-million rights issue to boost capital
Ghanaian tycoon Daniel Ofori owns 3.9 percent of CalBank. The bank plans to bolster its finances with a rights offering.
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CalBank is a leading commercial bank in Ghana.