Investors Bite

PAINTCOM Shareholders Approve Company’s Delisting from the Nse

February 23, 2018/NSE At the Court Ordered Meeting of the shareholders of PCMN held on Thursday, 15 February 2018 at the Lagos Chamber of Commerce & Industry, Alausa, Ikeja, Lagos; the following Resolutions (amongst others) were unanimously passed: 1. That for the purpose of giving effect to the Scheme in […]

Total Nigeria Says 2017 Pretax Profit Down 42.0%, Offers Investors N14.00 per Share Dividend

By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing major, Total Nigeria Plc on Friday said its pretax profit for the period ended December 31, 2017 slumped 42.0 percent to N11.79 billion from N20.35 billion recorded a year earlier. Also, post-tax profit for the period dipped 45.8 percent to N8.01 billion from N14.79 billion […]

LafargeHolcim acquires Kendall Group in the UK

February 23, 2018/LafargeHolcim LafargeHolcim has acquired The Kendall Group, a leading aggregates and ready-mix concrete manufacturer with net sales of around CHF 33 million in 2017 operating in the South of England. Jan Jenisch, Group CEO of LafargeHolcim: “The Kendall Group is a successful business with a strong record of […]