Starwin re-opens following NLC’s order

STARWIN Products Limited, producers of medicinal products, has resumed work upon the order of the National Labour Commission (NLC).

The Deputy General Secretary of Industrial and Commercial Workers Union (ICU), Morgan Ayawine, making this known to The Ghanaian Times, explained that the company was shut down following an ownership dispute in July.

He said Starwin Products Limited last year opened an offer to its existing shareholders by offering additional ordinary shares.

Dannex, a pharmaceutical company, which, prior to the offer owned 2.69 percent shares of Starwin, acquired 68.64 per cent shares following the offer at a cost of over GH¢5 million cedis bringing its total shareholding to more than 70 per cent automatically making them majority shareholder of Starwin, he said.

Unfortunately, Dannex, in July closed down the company when some staff refused to allow management to run the firm and resorted to looting of products on the premises.

The NLC, however directed that Starwin remains closed while legal matters over ownership were being resolved.

Mr Ayawine noted that while the company remained shut, the workers were paid their salaries their salaries and added that stock and inventory would be taken on the factory this week before resumption of production next week.

Some of the workers, were however skeptical about their fate in the company.

One speaking to The Ghanaian Times on condition of anonymity alleged that the new management was bent on dismissing workers and had put together a list of those to be sacked.

Mr Ayawine urged the management to withdraw the dispute out of court for a quick resolution since the process was stalling production and killing consumer interest.

By Claude Nyarko Adams and Hafida Benaouda

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