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Wrong Terence Darko?

Mr. Terence Ronald Darko

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Company Description

Mechanical Lloyd Company Limited is a fully owned Ghanaian company established in August 1970 and listed on the Ghana Stock Exchange since 1994. It is an automobile company which currently holds franchises for BMW and Ford vehicles as well as Massey Fergu ... more

Find other employees at this company (59)

Background Information


Social Security and Naitonal Insurance Trust


MD of Mechanical Lloyd

Web References (32 Total References)

Corporate Executives [cached]

Mr. Terence Ronald Darko .:. Managing Director

Mechanical Lloyd Company Limited [cached]

Terence Ronald Darko

Company Profile [cached]

In 1977, Mr. R. A. Darko died and his eldest son, Mr. T.R. Darko, succeeded him as the Chief Executive Officer of the Company.

Prince Kofi Amoabeng – President :: UT Holdings [cached]

Others are; Mr Kwaw Ansah, Chairman of Television Africa, Mr Torgbor Mensah, Chairman of Argon Group, Ms Esther Cobbah, CEO of Strategic Communications, Africa, Mr Kojo Bonsu, CEO of Agoo Media Ghana, Nana Opoku Agyemang, CEO O.A. Travel and Tours, Mr Terence Ronald Darko, CEO Mechanical Lloyd Company.

Terry Darko - Managing ... [cached]

Terry Darko - Managing Director of Mechanical Lloyd

Terry Darko - Managing Director of Mechanical Lloyd Shareholders of Mechanical Lloyd Company Limited, an automobile firm, has expressed concern over the dividend per share declared by the company for the 2011 financial year.
In responding to the concerns of the shareholders, the Managing Director of the company, Mr Terence Ronald Darko, explained dividends declared are based on the profit the company makes.
The dividend policy of the company he said was to allocate 25 per cent of their after tax profit to declare the dividend per share, adding that the company recorded a higher profit last year which resulted in an increase in the dividends for the year under review.
Mr Darko thus advised shareholders to look at the dividend declared by doing some calculations on the price and earnings per share and they would realise the company is declaring the right dividend and not judge based on the figures they see.
He however explained to the media that no matter what dividend a company declared, shareholders would always want more and thus described their concerns as a normal phenomenon.

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