November 15, 2018/SEC The public and all capital market stakeholders are informed of the introduction of the Commission’s Interpretive Guidance Note (IGN). The IGN would assist in the understanding of; provide guidance in compliance with the Investment Securities Act (ISA), SEC Rules and Regulations and other issues within the Commission’s […]
Investors Bite
May & Baker Nigeria Plc: “Rights” at the Right Time
November 15, 2018/Cordros Report We initiate investment note on MAYBAKER with a BUY rating at NGN4.43/s TP. The company is in the process of raising capital through Rights – its first foray into the equity capital market in 12 years – to fund expansion project and partly deleverage balance sheet. […]
As SAHCO Ends Four-Year IPO Drought, What Are The Worries?
Culled—-Proshare November 15, 2018/Proshare Research Skyway Aviation Handling Company (SAHCO)’s Initial Public Offering (IPO) by way of an offer for sale of 406,074,000 ordinary shares of 50 kobo each at N4.65 per share, which commenced on Monday, November 12, 2018, put an end to four-year drought of IPO listing […]
