UPDC’s shareholders’ to consider transfer of 91.9% holdings in its Real Estate Investment Trust

WorldStage Newsonline– The Federal High Court has directed that a meeting of the holders of the issued and fully paid ordinary shares of UACN Property Development Company PLC be convened for the purpose of considering, and if thought fit, approve the transfer of 1,515,501,818 units out of the company’s 1,648,915,293 units  held in UPDC Real Estate Investment Trust to the eligible shareholders the company based on the application of the allocation ratio as specified in the scheme document.

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Eko Atlantic City, a masterpiece, new wonder of the world, a smart city to boost Nigeria’s GDP – NEPZA boss

WorldStage Newsonline– The Managing Director Nigeria Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba has described the Eko Atlantic City as a masterpiece and the new wonder of the world said the investors had successfully carved out a “smart city’’ with multiple purpose functions from the ocean

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