Stock market listing is long-term partnership, not just fundraising - NPRA boss
Summarized and contextualized by DistantNews.
At a glance
- Companies should view stock market listings as long-term partnerships, not just fundraising opportunities, advises NPRA boss Chris Boadi-Mensah.
- The advice came during the listing ceremony of Kasapreko PLC on the stock exchange.
- This perspective emphasizes investor relations and sustained engagement over immediate capital gain.
Listing on the stock market should be approached as a commitment to a long-term partnership with investors, rather than a singular event for raising capital. This perspective was shared by Chris Boadi-Mensah, Chief Executive Officer of the National Pensions Regulatory Authority (NPRA).
Boadi-Mensah offered this guidance during the recent listing ceremony for Kasapreko PLC, a Ghanaian company that successfully debuted on the stock exchange. His remarks underscored the importance of sustained engagement and transparent communication with shareholders following a public offering.
The NPRA boss stressed that companies need to foster trust and build lasting relationships with those who invest in their future. Viewing the listing as a continuous collaboration, he suggested, will encourage responsible corporate governance and ultimately lead to more stable growth and investor confidence.
Companies seeking to raise capital through the public markets have been advised to view stock exchange listing as a long-term partnership with investors rather than a one-off fundraising exercise.
Originally published by Ghanaian Times. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.