Culled—Proshare September 22, 2017/FBNQuest Research Maintaining Outperform rating Presco’s Q2 2017 topline growth surprised slightly, beating our forecast by 10.7%. The company continues to benefit from increased demand thanks to supportive government policy. This has also given it increased pricing power. Presco has so far this year consolidated on its […]
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UBN Rights Issue: Tactical or Strategic?
Culled—Proshare September 22, 2017/ARM Research Investment Highlights Union Bank of Nigeria (UBN) is looking to raise N49.7 billion via rights issue of 12.1 billion ordinary shares. Investors who had shares in the bank as at Monday, 21st August 2017 will be entitled to buy 5 additional shares for every […]
Lafarge Africa Announces EGM to Consider Terms of Rights Issue
September 22, 2017/NSE We write sequel to our notice of an Extra-Ordinary Board Meeting scheduled for Tuesday, 26th September 2017 to consider the terms of the Rights Issue. In compliance with Rules 17.17(b) (3) and 17.18 (b), this is to formally notify you that Lafarge Africa Plc’s Closed Period commenced […]
