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| TOPP hits record high on revenue |
6/30/2005 |
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The Managing director of Twifo Oil Palm Plantation Limited-TOPP Abdul Malik Amin is appealing to government to divest its remaining share in the company to boost productivity.
The company was able to rope in over 15 billion cedis representing 50 percent appreciation compared to year 2003.
It is the highest revenue generation for the company so far.
Total production hit 118 thousand metric tones of fresh fruit.
The Managing director attributed the performance to the divestiture programme currently underway at TOPP and urged government to complete the process
The company has presented 6 billion cedis dividend to government.
The managing director appealed to government to divest its remaining share in the company to boost productivity.
Deputy Minister of Finance in charge of revenue, Kwaku Agyemang Manu in a response told Joy Business Report that government will decide on what to do with its 41 percent shares in TOPP later.
Source: Joy FM (Ghana)
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