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Custodian Investment to Buy Out Minority Shareholders of UPDC

By Goddy Egene Custodian Investment Plc is to make a mandatory takeover offer (MTO) to minority shares of UACN Property Development Company Plc (UPDC) following the approval given by the Securities and Exchange Commission (SEC) dated May 18, 2021. In notification to the Nigerian Exchange Limited (NGX) yesterday, Custodian Investment Plc said following the approval, it had been authorised to proceed with the MTO to be made to minority shareholders of UPDC for the purchase of up to 34,415,332 ordinary shares of 50 kobo shares at 90 kobo per share. Custodian Investment had last year completed acquisition of the 51 per cent majority equity stake in UPDC) Plc from UAC of Nigeria Plc.

Wole oshinGoddy egeneExchange commissionNigerian exchange limitedProperty development company plcCustodian investment plcNigeria plcCustodian investmentInvestment plcDevelopment company plcManaging directorகம்பளி ஓஷின்பரிமாற்றம் தரகுநைஜீரியன் பரிமாற்றம் வரையறுக்கப்பட்டவைப்ராபர்டீ வளர்ச்சி நிறுவனம் ப்ல்காவலர் முதலீடு ப்ல்

Billionaire investors in Nigeria you may not know

Billionaire investors in Nigeria you may not know
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Stanbic IBTC Offers Low-Interest Agric Loans

Stanbic IBTC Bank Plc has reaffirmed its commitment to the growth of Nigeria’s agriculture sector by supporting farmers and other players in the agricultural value chain. As the demands on agribusinesses change seasonally, the financial institution provides financing solutions for agricultural enterprises to suit their requirements. A statement explained that the needs range from availability of resources, to farming equipment, as well as enhancement of seasonal cashflow, amongst others. Stanbic IBTC Bank offers various low-interest credit facilities across the agricultural sector that will help clients to cushion the impacts of the Covid-19 pandemic Speaking on this, Head, Agribusiness, Stanbic IBTC Bank, Wole Oshin, said the agribusiness financial solution was geared towards ensuring that players in the agriculture space are not hindered by lack of finance.

Wole oshinBank plcBusiness revolving credit loanAgricultural production loanகம்பளி ஓஷின்வங்கி ப்ல்வணிக சுழலும் கடன் கடன்

Stanbic IBTC Offers Low-Interest Agric Loans

Stanbic IBTC Bank Plc has reaffirmed its commitment to the growth of Nigeria’s agriculture sector by supporting farmers and other players in the agricultural value chain. As the demands on agribusinesses change seasonally, the financial institution provides financing solutions for agricultural enterprises to suit their requirements. A statement explained that the needs range from availability of resources, to farming equipment, as well as enhancement of seasonal cashflow, amongst others. Stanbic IBTC Bank offers various low-interest credit facilities across the agricultural sector that will help clients to cushion the impacts of the Covid-19 pandemic Speaking on this, Head, Agribusiness, Stanbic IBTC Bank, Wole Oshin, said the agribusiness financial solution was geared towards ensuring that players in the agriculture space are not hindered by lack of finance.

Wole oshinBank plcBusiness revolving credit loanAgricultural production loanகம்பளி ஓஷின்வங்கி ப்ல்வணிக சுழலும் கடன் கடன்

Stanbic IBTC boosts Nigeria s agriculture sector with low-interest loans

Stanbic IBTC boosts Nigeria s agriculture sector with low-interest loans
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