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Market Round-Up of Corporate News Announced During the Week Ending 080618

Proshare

Friday, June 08, 2018 / 04:00 PM / Proshare Markets  

This week market round-up presents a summary of market news and notices published through the NSE by quoted firms. 

Firms such as Guaranty Trust Bank Plc, Academy Plc, Conoil Plc, FTN Cocoa Processors PLC, Ekocorp Plc, Universal Insurance Plc, Great Nigeria Insurance Plc, Red Star Express Plc, Thomas Wyatt Nigeria Plc and Seplat Plc made the news this week 

Below is a day by day summary of the news and a link to the full news as presented.
 

Monday, June 04, 2018

Conoil Plc today published its FY2018 Audited Results. It recorded 35.9% YoY growth in revenue, Net Asset decreased by 3.1% YoY as PBT and PAT both moved down significantly by 46.2% and 44.4% respectively.

Read More: CONOIL Declares N1.58bn PAT in 2017 Audited Results,(SP:N31.80k) 

Guaranty Trust Bank Plc informed of the impending retirement of Mrs. Olutola Omotola and Mr. Wale Oyedeji as Executive Directors with effect from August 11, 2018.

Read More: GTBank Notifies on Impending Retirement of Mr Wale Oyedeji and Mrs Olutola Omotola
 

Tuesday, June 05, 2018

Academy Press Plc notified The Nigerian Stock Exchange, Shareholders and other stakeholders that the Audited Financial Statement (AFS) of the Company year ended 31 March 2018 will be filed out of the regulatory due date of 30 June 2018 occasioned by unanticipated delay in the audit exercise of the financials.

Read More: Academy Press Plc Announces Delay in Filing its 2018 Audited Reports 

FTN Cocoa Processors Plc members discussed the need to change the registered office of the Company, thereafter, on the motion of Pastor Akin Laoye which was seconded by the Otunba Wale Jubril, the following resolutions were passed

Read More: FTN Cocoa Processors Plc Announces Resolution of its Board Meeting 

The forty-eighth Annual General Meeting of the members of Conoil Plc will be held at Le Meridien Ibom Hotel and Golf Resort, Uyo, Akwa Ibom State on Friday, 13 July 2018 at 11.0oam.

Read More: Conoil Plc to Hold its 48th AGM in Akwa-Ibom on 13th of July, 2018 

Ekocorp Plc today published its FY2017 Audited Results. It recorded 9.8% YoY growth in turnover, Net Asset also increased by 92.5% YoY as PBT and PAT both moved down significantly by 1105.5% and 1622.6% respectively.

Read More: EKOCORP Declares N1.21bn Loss in 2017 Audited Results,(SP:N3.37k)
 

Wednesday, June 06, 2018

Universal Insurance Plc wishes to announce the Appointment of Mr. Paulinus Oluchukwu Offorzor as the Executive Director, Technical in the Company.

Read More: Universal Insurance Plc Appoints Mr Paulinus Oluchukwu as Executive Director 

Great Nigeria Insurance Plc today published its FY2017 and Q1 2018 Results. It recorded 12.4% YoY decline in gross premium, Net Asset increased by 1.6% YoY as PAT both moved down significantly by 18%.

Read More: GNI releases FY 2017 and Q1 2018 results; declares N67.31m PAT in Q1,(SP:N0.50k) 

Red Star Express Plc writes to inform its shareholders, the investing public and The Nigerian Stock Exchange that the Board of Directors of the company will meet on Thursday June 21, 2018  at 11.00 am at the Company’s office 4, Adecla Ajayi Crescent Street, Mafoluku, Lagos to review and approve the Audited Financial Statements of the company for the year ended 31 March 2018.

Read More: Red Star Express Plc to Hold Its Board Meeting On June 21, 2018
 

Thursday, June 07, 2018

Thomas Wyatt Nigeria Plc today announced late filing of financial statements for the year ended 31st March 2018.

Read More:  Thomas Wyatt Nigeria Plc Announces Delay in Filing FY 2018 Results
 

Friday, June 08, 2018

Seplat Plc announces that contrary to recent press speculation regarding the Assa North/Ohaji South (“ANOH”) project, Seplat has not violated local content policy.

Read More: Seplat Plc Has Not Violated Local Content Policy Regarding the ANOH Project 


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Related News

1.       Market Round-Up of Corporate News Announced During the Week Ending 010618

2.      Conoil Plc to Hold its 48th AGM in Akwa-Ibom on 13th of July, 2018

3.      FTN Cocoa Processors Plc Announces Resolution of its Board Meeting

4.      Academy Press Plc Announces Delay in Filing its 2018 Audited Reports

5.      GTBank Notifies on Impending Retirement of Mr Wale Oyedeji and Mrs Olutola Omotola

6.      GNI releases FY 2017 and Q1 2018 results; declares N67.31m PAT in Q1,(SP:N0.50k)

7.      EKOCORP Declares N1.21bn Loss in 2017 Audited Results,(SP:N3.37k)

8.     Universal Insurance Plc Appoints Mr Paulinus Oluchukwu as Executive Director

9.      Seplat Plc Has Not Violated Local Content Policy Regarding the ANOH Project

10.  Thomas Wyatt Nigeria Plc Announces Delay in Filing FY 2018 Results

11.   Red Star Express Plc to Hold Its Board Meeting On June 21, 2018

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