May & Baker Archives - National Wire

May & Baker Nigeria’s N2.45 Billion Rights Issue Closes Wednesday

November 26, 2018 0

Shareholders of May & Baker Nigeria Plc have only three days to take up their rights and increase their stake in the pharmaceutical manufacturing firm. The company is raising N2.45 billion in new equity funds through a rights issue of 980 million shares of 50 kobo each at N2.50 per share to existing shareholders. While application list had opened on Monday …

Positive Outlook: May & Baker Poised To Pay Good Dividend In 2018—CEO

October 27, 2018 0

Considering the positive and favourable growth in the company’s top line, the Managing Director/Chief Executive of May & Baker Nigeria Plc, Mr. Nnamdi Okafor has said that good dividend will be given on Return-on-Investment (ROI) for the 2018 financial end. He said notwithstanding the N900 million debt profile, the company with a paid-up-capital of N450 million, asset of N7 billion …

May & Baker Nigeria Floats N2.45b Rights Issue

October 2, 2018 0

Directors of May & Baker Nigeria Plc and professional advisers to the healthcare company have signed off the offer documents for the company’s recapitalisation, paving the way for application list for the offer to open. At a signing ceremony in Lagos, the board of the company, issuing houses and other professional parties rounded off the pre-offer processes with the formal …

May &Baker Signs Sickle Cell Drug Production Deal

June 20, 2018 0

May & Baker Nigeria Plc has signed an agreement with the National Institute for Pharmaceutical Research and Development (NIPRD) for the commercial production of anti-sickle cell drug, NAPRISAN. The agreement was signed in Abuja by May & Baker Nigeria Managing Director Mr. Nnamdi Okafor and NIPRD Acting Director-General Professor Olabayo Kunle, with Minister of Health, Professor Isaac Adewole as a …

May & Baker To Raise N3 Billion Fresh Capital …Pays N196 Million Dividends

June 1, 2018 0

Shareholders of May & Baker Plc on Thursday May 31, 2018, at its 67th Annual General Meeting (AGM) in Lagos, approved the board of directors’ request to increase the company’s authorized share capital to N3 billion by the creation of 2,200,000,000 ordinary shares of 50 kobo each ranking in all respects pari passu with the existing ordinary shares of the company. …

May & Baker is best performing stock on NSE in 2017 H1

July 3, 2017 0

May & Baker Plc has emerged the best performing stock, in percentage terms, on the Nigerian Stock Exchange for the first half year ended June 30, 2017. Data from the NSE for the period under review indicated that the equity rose by 312.77 per cent to close at N3.88 per share. This is in contrast to the year’s opening price …