Produce Buying Company Limited was formed on November 13, 1981. The company's roots are traced to the then Produce Department of the Ghana Cocoa Board. It remained a wholly owned subsidiary of the Ghana Cocoa Board until December 1999. The firm was eventually privatized when multiple internal marketing of cocoa beans was reintroduced in Ghana.

PBC is involved in the local marketing of cocoa beans and it regarded as market leader in the cocoa marketing business covering more than a third of the total market share. Produce Buying goes the extra mile by storing the cocoa beans for inspection, grading and sealing by COCOBOD's Quality Control Department.

The company was formally listed on the Ghana Stock Exchange on May 17, 2000. About 480 million shares have been issued out of the company's 20 billion authorized shares. PBC has also issued one special rights redeemable preference share as well as one authorized special rights redeemable preference share of no par value. The stated capital of Produce Buying Company Limited is about GHS 4.9 million.

Other Detail

ISIN: GH0000000169

Symbol: PBC

Sector: Agric and Agro Processing

Financial Year End: September 31

Corporate Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

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