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IKEJAHOTEL Announces Late Filing of Audited Financial Statement for the Year Ended 31 December, 2016

Proshare

Tuesday, April 18, 2017/11:07 AM/NSE

Ikeja Hotel Plc wishes to inform our esteemed shareholders, stakeholders and the general public that its Audited Financial Statement (AFS) for the year ended 31st December, 2016 was not filed within the due date of 31 March 2017 in compliance with the requirements of the Securities and Exchange Commission and The Nigerian Stock Exchange.

The delay in filing the AFS was due to the protracted crisis on the board of Ikeja Hotel Plc which has just been resolved.


The company has initiated moves to ensure that the board meets soon to approve all outstanding financial statements.


Ikeja Hotel Plc is optimistic that the AFS for the year ended 31 December, 2016 and other outstanding Financial Statements will b ready for filing on or before 31 July, 2017.

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