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Julius Berger Nigeria Plc: Establishment of Subsidiaries


December 12, 2011

Julius Berger Nigeria Plc has notified The Exchange that in addition to the establishment of PrimeTech Design & Engineering Nigeria Limited for the provisions of design and engineering support services to the Company, it has also incorporated another subsidiary, Julius Berger Medical Services Limited (“JBMSL”).

The business of JBMSL is to carry on business as a Health Care Provider for the operation of medical service centres, hospitals and all forms of medical and health care services, which is a crucial support in the operations of Julius Berger Nigeria Plc.

JBMSL would be licensed under the National Health Insurance Scheme Act CAP N42 Laws of the Federation of Nigeria 2004 and would commence operation in the first quarter of the year 2012.

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