Guyana Stores directors flouting regulations – securities council

The Guyana Securities Council says the Directors of Guyana Stores Limited Ltd continue to flout regulations by neglecting to submit its accounts to the relevant stakeholders, and it said  that the retention of office by the said Directors is therefore prejudicial to the interest of the company.

On page 28 of yesterday’s edition of the Stabroek News, the Council, in an advisory, said that the Directors of Guyana Stores continue to breach “Regulation 5 and 6 of the Securities Industry (Disclosures by Reporting Issuers) Regulations 2002, which provide for the submission of annual accounts to the Council, Stock Exchange and all Stakeholders.”

The Council shared that it has written the said Directors informing them of the