By InvestAdvocate Lagos (INVESTADVOCATE)-Transnational Corporation of Nigeria Plc (TRANSCORP) Thursday posted a -67 percent (-67%) loss in its first quarter (Q1) report for the period ended March 31 2013 according to reports released to the Nigerian Stock Exchange (NSE) and made available to InvestAdvocate in Lagos Nigeria. To declared the […]
Tag: Transcorp
Transcorp Extends N13bn Rights Issue
The Securities and Exchange Commission (SEC) has approved a one-week extension for the Transnational Corporation of Nigeria (Transcorp) rights issue to enable wider shareholder participation. Transcorp is issuing 12.906 billion shares of 50 kobo each at N1 per share via rights issue to raise fresh funds to finance its power […]
Transcorp of Nigeria Falls Most in a Month as Profit Slumps
Transnational Corp. of Nigeria Plc, which invests in hotels, agriculture and energy, fell the most in more than a month after profit for 2012 retreated 58 percent. The stock declined for a second day, losing 7 percent to 1.20 naira by 2:20 p.m. in Lagos, Nigeria’s commercial capital, the biggest […]
