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Guinness Nigeria to hold EGM on N40b Rights Issue
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By Desola Akindele
January 3, 2017 11:45:03am GMT      |      Views: 1475

WorldStage Newsonline-- Guinness Nigeria Plc has announced plans to hold an Extraordinary General Meeting (EGM) of its shareholders on 24th January 2017 in Lagos to approve resolutions for a rights issue.

Guinness Nigeria Plc is targeting the rights issue to optimize its balance sheet, improving its financial and operational flexibility.

The company is expected to raise up to N40 billion if the rights issue is fully subscribed.

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