NewStats: 3,261,116 , 8,173,067 topics. Date: Wednesday, 28 May 2025 at 09:16 AM 4iu3t6z3e3g |
Guinness Nigeria’s $126 MlNaira Share Sale Oversubscribed - Business - Nairaland 5a1a19
Guinness Nigeria’s $126 MlNaira Share Sale Oversubscribed (5286 Views)
(1) (Go Down)
| Guinness Nigeria’s $126 MlNaira Share Sale Oversubscribed by Nobody: 9:20pm On Oct 05, 2017 |
|
Guinness Nigeria’s 39.70 billion naira ($126 mln) share sale to existing shareholders was 116 percent subscribed, the company said on Wednesday. The brewer, the local unit of the world’s leading spirit maker Diageo, said in a statement it sold five new shares from the company to shareholders for every 11 held, at 58 naira each. The company, which is 54 percent owned by Diageo, said two shareholders applied for 50 million shares and above during the rights issue. Diageo has said it was willing to take up its rights in the share issue to maintain its shareholding. The company had been seeking to raise funds to strengthen its balance sheet after it posted its first annual loss in 30 years in the 12 months to June 2016. Guinness Nigeria shares traded flat on Wednesday at 98.55 naira on the Lagos bourse, up about 18 percent so far this year. SOURCE: https://brandspurng.com/guinness-nigerias-126-mln-share-sale-oversubscribed/ 2 Likes |
| rodeo0070(m): 6:56am On Oct 06, 2017 |
|
Good for them
|
| Re: Guinness Nigeria’s $126 MlNaira Share Sale Oversubscribed by Nobody: 7:13am On Oct 06, 2017 |
|
No be beer investment, pple must drink
|
| crackerspub: 7:37am On Oct 06, 2017 |
|
The company had been seeking to raise funds to strengthen its balance sheet after it posted its first annual loss in 30 years in the 12 months to June 2016. Buhari why 
6 Likes |
| deepwater(f): 7:37am On Oct 06, 2017 |
tripleY: BUHARI show people ehn, so tail they stop to de buy stout  Life with burahi is bitter already, why drink stout again? 
9 Likes 1 Share |
| ogajaki(m): 7:39am On Oct 06, 2017 |
|
Where my share. Am a fan. Ok Meanwhile 5000 NYSC 2017 Active Mobile Numbers is available in case you want to market any product or share information, All. The numbers are on whatsapp. Am giving out this package to few at an affordable price, if you need it, see my whatsapp number on my signature |
| valentineuwakwe(m): 7:40am On Oct 06, 2017 |
|
beer. .beer. .it's just so funny. .I thought they say its alcohol. .and it kills. .yet in nigeria wetin dey kill people na him they pay !
|
| HottestFire: 7:41am On Oct 06, 2017 |
|
I don't know how Guinness is doing it, her shares always have good dividend.  |
| sukkot: 7:42am On Oct 06, 2017 |
|
i have a long history with guinness. my first ever job in this life was with guinness. also lived in guinness trust estate in brixton london lol
1 Like |
| Pain(m): 7:44am On Oct 06, 2017 |
|
No Comments on this Failing Enterprise..See me @ the Corner for More Info...
1 Like |
| maxiuc(m): 7:48am On Oct 06, 2017 |
|
Hero O mpa Mmanya m |
| lastempero: 7:58am On Oct 06, 2017 |
|
Interfact n Nigerian brewery is giving them serious headache.
|
| princeade86(m): 8:15am On Oct 06, 2017 |
|
lost for the first time since 30 years. hmmmmm.
|
| Kobicove(m): 8:22am On Oct 06, 2017 |
|
Quite impressive... Anyway Guinness has always been a good brand |
| feelamong(m): 9:03am On Oct 06, 2017 |
deepwater: how much did you invest in the company? People are investing their billions even with Buhari still in power till 2023 and you dey yarn opata here 5 Likes |
| Dollabiz: 9:05am On Oct 06, 2017 |
|
Hmmm
|
| Aderupoko2: 10:43am On Oct 06, 2017 |
|
Sold most of my shares two years back to get Guinness shares and am thanking my stock broker for it today. Their dividend dey make sence. Not surprised it's oversubscribed based on their good track record.
|
(1) (Reply)
What Lucrative Business Can 500k Start
(Go Up)
|
Sections: How To . 13 Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or s on Nairaland. |