Proshare Logo
   Market Date: 30-01-2015   
Agriculture ARTS FINANCE All One Min News Archives Bonds Cap Mkt Sentiments Capital Market CASHLESS NIGERIA Commodities Corporate Earnings Daily & Weekly Market Updates Elections Enterpreneurship ETFs Forex Frauds & Scandals General Global Market Insurance Investors NewsBeat Islamic Finance Mergers & Aquisitions Money Market Mortgage Mutual Funds Nigeria Economy Oil Sector Opinions and Analysis Pensions People Personal Finance Politics Power Products & Services Professionals Property Public Offers Private Placements Regulators REITs Stock PICKS Taxation Telcos Travel & Tours Unlisted OTC MARKET World of Business

Transcorp Plc: Ndi Okereke-Onyuike hands over to Tony Elumelu as Chairman

Category: People

  Read (5457)
Transcorp Plc: Ndi Okereke-Onyuike hands over to Tony Elumelu as Chairman


September 15, 2011 / Abuja



Just as we predicted in our Sunday, August 14, 2011 market update  Transcorp Plc has appointed Mr. Tony Elumelu, MFR as the new Chairman of the Board of Directors for the company at its Annual General Meeting (AGM) holding today.


A tweet alert sent through our investment community page from MBC confirmed that the former Chairman, Prof. (Mrs.) Ndi Okereke-Onyuike did not put herself up for re-election in order to hand over the baton to the new board. This orderly transition in the company is considered an additional indication that the company’s transition is on proper footing.  


Other Highlights of the Meeting:

1.Otunba Funsho Lawal, chairman of Transcorp Hilton Abuja has just announced his resignation from parent company.


2.Transcorp plc says land ownership dispute of Transcorp Hilton Abuja has been resolved.


3.Transcorp Hilton Abuja to build an annex to existing structure to house new edifice for VIPs.


4.Shareholders to begin to get dividends in 2012.


5. Only two pioneer Directors of Transcorp plc remain on board since inception some six years ago.


6.Chairman of Transcorp says the controversial 1bn naira bank loan under former CEO, Tom Iseghohi has been resolved.


7. Metropolitan Hotel, Calabar was purchased via part loan from UBA, to be repaid soon.


For further details – log on to the Proshare Investment Community for updates

Tags: , 

Comment With Your Facebook or Yahoo! ID

Latest news

News on People

About Us

Who We Are
Our Team & Partners
Corporate Governance
Advertise with Us
Subscribe / Unsubscribe
Site Map
News Feed - RSS
Contact Us
Volunteer Program
Message from CEO

News & Features
The Analyst / Market Data
Investor Relations Portal
The Regulator
Economy & Politics
Training Portal
Events Calendar
NewsStands - Online Reputation

Products and Services

Research & Market Intelligence
Analyst Services
Offers & Rights Support Service
Investor Relations Services
Alert & Subscription Services
Share Support Services
Proshare Consult
Event & Seminar Coverage
Market Directory
File a Complaint
News & Analysis

News from TheANALYST
Video News from WebTV
Money Market Updates
Opinions & Analysis
Nigerian Economy
Market Data
The Regulator
Discussion Forum

Subscriber Agreement
Privacy Policy
Data Policy
Copyright Policy
Comments in Site
Advertising Code
Conflict of Interest
Content Partnership
3rd Parties

Online Trading and Execution
Legal Support Services
Web/Technology Services
File a Complaint

CBN Governor 2014