• Latest

Free share offering for cocoa farmers expires 30 September 2022

10 months ago
Teachers experience training in augmented reality

Teachers experience training in augmented reality

17 hours ago
Grenadian to be awarded at Toronto Benefit Gala 

Grenadian to be awarded at Toronto Benefit Gala 

17 hours ago
Grenlec notice

Trainee opportunity: 2-year trainee electrical engineer programme

18 hours ago
Refurbished preschool handed over

Refurbished preschool handed over

18 hours ago
Law provides for citizens to explain possession of certain documents

Qualification Competency and Experience Data Collection Form

18 hours ago
Food-based Dietary Guideline #2

Agriculture minister: Resurgence in sector

18 hours ago
TVET Managers Workshop 

TVET Managers Workshop 

18 hours ago
China–Grenada parallels

China–Grenada parallels

18 hours ago

Concerns about Data Protection Bill founded in “political mischief”

19 hours ago
St George’s University Scholarship Programme

China MOFCOM Scholarship Announcement 2023/2024

2 days ago
Government and GNTA sign MoU

Government and GNTA sign MoU

2 days ago
Wastewater system for La Calome Housing Development

Wastewater system for La Calome Housing Development

2 days ago
NOW Grenada
  • Front Page
  • Categories
    • General News
      • All
      • Agriculture & Fisheries
      • Arts & Culture
      • Business
      • Education
      • Environment
      • Health
      • History
      • Lifestyle
      • Law
      • Politics
      • Technology
      • Travel & Tourism
      • Weather
      • Youth
    • Sports
      • All
      • Athletics
      • Cricket
      • Football
      • Watersports
    • Community
      • All
      • Tribute
    • Crime
    • Features
      • All
      • Today in History
    • Opinion/Commentary
    • Press Releases
      • All
      • Advertisements
      • Notices
  • Video
  • Notices & Vacancies
  • Advertise
  • Contact Us
No Result
View All Result
  • Front Page
  • Categories
    • General News
      • All
      • Agriculture & Fisheries
      • Arts & Culture
      • Business
      • Education
      • Environment
      • Health
      • History
      • Lifestyle
      • Law
      • Politics
      • Technology
      • Travel & Tourism
      • Weather
      • Youth
    • Sports
      • All
      • Athletics
      • Cricket
      • Football
      • Watersports
    • Community
      • All
      • Tribute
    • Crime
    • Features
      • All
      • Today in History
    • Opinion/Commentary
    • Press Releases
      • All
      • Advertisements
      • Notices
  • Video
  • Notices & Vacancies
  • Advertise
  • Contact Us
No Result
View All Result
NOW Grenada
No Result
View All Result

Free share offering for cocoa farmers expires 30 September 2022

This story was posted 10 months ago
30 May 2022
in Agriculture/Fisheries, Business
2 min. read
Share

by Linda Straker 

  • Deadline is 30 September 2022 to sign up for free shares
  • Each share is valued at EC$10
  • Cocoa farmers must present membership cards and sale book as confirmation

Cocoa Farmers in Grenada who wish to pursue the offering of free shares in Quality Producers Ltd. (QPL) which is the holding company of the Diamond Chocolate Factory, have until 30 September 2022 to sign up.

“The Board of Quality Producers Ltd. wishes to advise Cocoa Farmers that effective 30th September 2022, the offering of free shares to Cocoa Farmers will cease. Cocoa Farmers who wish to pursue their free shares before the expiration date should contact 440-2933 between the hours of 8:00 am to 4:00 pm, Monday to Friday. Please be guided accordingly,” said a notice in the 27 May 2022 issue of the Government Gazette.

Signed by Flavian Antoine, Chairman of QPL, the notice did not provide a reason behind the deadline. It is understood that the Board of QPL is in the process of offering a quota of shares to farmers and intends to wrap up the free shares offering by September.

The notice in the 27 May 2022 issue of the Government Gazette

The free shares offering is available for registered cocoa farmers who sold cocoa any time after the passage of Hurricane Ivan, i.e., from September 2004, to December 2012. The Association has approximately 3,700 active farmers and so far, less than 30% of those who qualify to receive the free shares in the company have signed up.

An official at the Grenada Cocoa Association said that those who signed up for the free shares qualified to receive dividends at the end of each financial year. “The shares certificate also becomes part of the farmer’s asset and it can be passed on to other beneficiaries.”

At the start of the company, the Association decided that farmers will receive 3 shares as part of the process for farmers to have ownership in the chocolate company. Each share is valued at EC$10. To sign up for the free shares, farmers must present their membership card and sale book as confirmation that they are indeed cocoa farmers.

NOW Grenada is not responsible for the opinions, statements or media content presented by contributors. In case of abuse, click here to report.
Tags: cocoa farmerdiamond chocolate factorygovernment gazettegrenada cocoa associationlinda strakerquality producers ltd
Next Post
Advertisement: Senior Accounts Officer

Advertisement: Senior Accounts Officer

Comment on post Cancel reply

Please enter your valid email address.
Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

© NOW Grenada. All Rights Reserved. Published by Aqua Design Inc. | Terms of Use | Privacy Policy

No Result
View All Result
  • Front Page
  • Categories
    • General News
      • All
      • Agriculture & Fisheries
      • Arts & Culture
      • Business
      • Education
      • Environment
      • Health
      • History
      • Lifestyle
      • Law
      • Politics
      • Technology
      • Travel & Tourism
      • Weather
      • Youth
    • Sports
      • All
      • Athletics
      • Cricket
      • Football
      • Watersports
    • Community
      • All
      • Tribute
    • Crime
    • Features
      • All
      • Today in History
    • Opinion/Commentary
    • Press Releases
      • All
      • Advertisements
      • Notices
  • Video
  • Notices & Vacancies
  • Advertise
  • Contact Us

Copyright NOW Grenada

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in settings. Visit our Privacy Policy | Terms of Use.

Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Visit our Privacy Policy | Terms of Use.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.