Transnational Corporation of Nigeria Plc on Tuesday announced the official listing of its rights issue of 12.9 billion ordinary shares on the floor of the Nigerian Stock Exchange. The President/Chief Executive Officer, Transcorp, Mr. Obinna Ufudo, remarked in a statement that the rights issue was 132.08 per cent subscribed. This, […]
Tag: Rights Issue
Afrinvest To Trade IGI, Geo-Fluids Shares On NASD-OTC
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Afrinvest Securities Limited said Monday it will commence trading on the shares of Industrial and General Insurance Plc (IGI), Geo-Fluids and four (4) other unlisted companies through the National Association of Securities Dealers Plc (NASD) Over-the-Counter (OTC) trading platform. Afrinvest said in a notice made […]
Berger Paints’ N543m rights issue opens
Berger Paints Plc has begun its rights issue offer to raise N543m from its existing shareholders. The company, in a statement on Wednesday, announced that it was offering 72.5 million ordinary shares of 50k each at N7.50 per share to its existing shareholders across the country following the completion board […]
