August 8, 2018/NSE The Company was notified of the Purchase of 900,000 ordinary shares registered in the name of Pursley Resources Limited (“Pursley”), a Company owned by the wife of Dr. A.B.C Orjiako, Chairman of the Company. Following the purchase, Pursley now holds a direct interest in 900,000 ordinary shares […]
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Court Appoints Receiver Over Assets in Multimillion Dollar Ponzi Scheme
August 8, 2018/US SEC On June 22, 2018, the U.S. District Court for the Southern District of Mississippi granted the Securities and Exchange Commission’s motion for the appointment of a receiver in the agency’s ongoing litigation against Arthur Lamar Adams and Madison Timber Properties, LLC. The receiver has established a […]
Diamond Bank Q2 2018 Results Review: PT Cut By 24%; Reiterating Underperform Rating
Culled—Proshare August 8, 2018/FBNQuest Research Earnings guidance revised downwards: Apart from a solid showing in non-interest income, Diamond’s results were weaker than we expected. And while we have reflected the strength of the former in the changes we have made to our forecasts, management’s outlook going forward is worse than […]
