Wednesday, November 07, 2018 01:56 PM / NSE
DAAR Communications Plc wishes to draw the attention of the esteemed Shareholders of the company and the General Public on the following;
1. That DAAR Communications Plc held its 2016 financial year Annual General Meeting (AGM) on 13th July, 2018.
2. That DAAR Communications Plc is aware that the 2017 financial year Annual General Meeting was filed and uploaded its Audited Financial Statements to The Nigerian Stock Exchange via Issuer's Portal on time.
3. That DAAR Communications Plc had just concluded its Staff Audit and Restructuring exercise and is currently ensuring the implementation of results of the process.
4. That DAAR Communications Plc is also currently carrying out business re-jigging exercise meant to enhance its operations for profitability.
5. That DAAR Communications Plc is in earnest working to reduce its financial obligations both to the members of staff and statutorily before planning the hosting of the next Annual General Meeting.
That DAAR Communications Plc will endeavour to hold its 2017 and 2018 financial years Annual General Meetings in the early second quarter of 2019 to clear the backlog.
That the Shareholders of DAAR Communications Plc and the general public be informed of these developments and be assured of Management's highest esteem regards.