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Shareholders of Capital Hotels to Meet Over N11.3bn from New Investor â Shareholders Capital Hotels will have to gather at a special event fixed for next month in Abuja to decide whether to sell some stocks of the company to an interested investor.
Reports say that the board wants to allot 1,611,995,510 ordinary shares of 50 kobo to 22 Hospitality Limited through a private placement at a unit price of N7.00. This will amount to N11.3 billion and it will go a long way to boost the capital injection drive of the organisation to boost its operations.