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UNIONDICON Incorporates UDS Farms Limited to run the Agribusiness Operations of the Company

Proshare

Monday, November 27, 2017 05:05PM /NSE

Union Dicon Salt Plc wishes make the following announcements to the market.

1.       Following an internal restructuring process, and a board meeting of Union Dicon Salt Plc, on the 14th of November 2017, a fully owned subsidiary: UDS Farms Limited will be incorporated to run the Agribusiness operations of Union Dicon Salt Plc.

2.     
Chuka Mordi & Bex Nwawudu will be transitioning to the Agribusiness subsidiary (UDS Farms Limited), to oversee, and expand the operation.

3.     
Col. (Rtd) Henry Mgbemena reverts to the role of Managing Director, of Union Dicon Salt Plc, & Mrs. Florence Iroye remains the company secretary.

 

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2.      UNIONDICON Declares N88.62mln Loss in Q3 2017 Results,(SP:N13.45k)

3.      Union Dicon Salt: Swinging Along With The Tide

4.      Union Dicon Salt Plc – Delay in Filing AFS for the Year Ended December 31st 2016.

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