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

Fidson Healthcare to list shares on NSE

Category: Capital Market

  Read (1227)
Fidson Healthcare to list shares on NSE


The Chief Executive Officer/Managing Director, Fidson Healthcare Plc, Mr. Fidelis Ayabae said on Thursday that the company was set to list its shares on the Nigerian Stock Exchange.


Ayaebe said this during the formal presentation of the NIS ISO certificate to Fidson by the Standards Organisation of Nigeria in Ogun State.


He said the listing would help the company in its expansion plans.


He explained, “The quotation committee will be meeting next Wednesday and we have information that we have been put on the list for approval. I do believe that at the end of the meeting, we will be listed.”


According to him, the company has promised investors that bought into its private placement in 2007 that it would be listed in the first quarter of 2008.


“We believe that that is the only way investors can get benefit from their investment. There is no sense in offering a private placement and not being listed as soon as possible. We are going to be listed at about N7.50 per share,” he added.


Ayaebe said that the certification by SON, would propel his company to help in developing the pharmaceutical industry, through the deployment of indigenous efforts and resources.


He stated that the pharmaceutical industry in the country was still growing, adding that with the support of the regulatory authorities, its contributions to the nation’s Gross Domestic Product, would be enhanced.


The Director-General, SON, Mr. John Akanya, in his speed, stressed the fact that quality was imperative for efficient business performance by any orgainsation.


Akanya, who spoke through the Director, Systems, SON, Mrs. Oluremi Ayeni, said the ISO system certification, was a mark of conformity of the company to standard. She, however, warned the company that the certificate would be withdrawn if the structures that qualified it for the award failed without necessary actions taken to address it.


“Quality and continuous improvement have become extremely important and the concept of quality has gone beyond physical, chemical and mechanical properties of products, to include the management of the interaction between priocesses.


“Your biggest challenge today is to strive to direct your quality policy towards sustainable development and to achieve an optimal balance between economic progress and social benefits,” Akanya said. - Punch


Tags: , 

Comment With Your Facebook or Yahoo! ID

Latest news

News on Capital Market

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