Lagos (INVESTADVOCATE) – Transcorp Hotels Plc, the hospitality unit of Nigeria’s top conglomerate, Transnational Corporation of Nigeria Plc will list N10 billion (Series 1) bond on the Nigerian Stock Exchange (NSE) Monday January 18, 2016, the company said in a filing with the NSE.
Shares of Transcorp at the close of Friday’s trading on the local bourse declined 5.77 percent to 0.98 kobo per share from N1.04 kobo recorded the previous session.
Similarly shares of the conglomerate at the close of the week’s trading on the Nigerian equities market dipped 26.32 percent to 0.98 kobo per share from N1.33 kobo posted last week.