Haldane McCall To List On Nigerian Exchange

Haldane McCall Plc, a key player in Nigeria’s real estate and hospitality sector, has announced plans to list its shares on the main board of the Nigerian Exchange (NGX) Limited.

The listing, scheduled for the first quarter of the coming year, will be facilitated through an offer by introduction.

To pave the way for this significant move, Haldane McCall has initiated preliminary documentation processes at the Securities and Exchange Commission (SEC) and NGX, utilizing its appointed representatives for the listing. The company aims to provide indigenous and foreign investors with the opportunity to benefit from its superior return on investment.

During a special presentation at the Company’s Investors Forum in Lagos, Chairman of the company, George Oguntade emphasized the ripe timing for Haldane McCall’s listing on NGX. He urged investors to capitalize on the company’s unique characteristics, setting the stage for a historic milestone.

Edward Akinlade, the Group Managing Director, highlighted Haldane McCall’s strategic growth, stellar returns, diversified portfolio, and proven expertise. He underlined the company’s strong Board and Management team, comprised of professionals from diverse backgrounds.

Akinlade shared insights into the company’s expansion plans, including the procurement of at least one additional hotel annually over the next decade in key locations such as Lagos, Abuja, Port Harcourt, and Ibadan. The medium-term vision involves the development of 10 budget hotels, coupled with an intensified focus on sourcing viable investment opportunities in African emerging markets.

In his remarks, Dapo Adekoje, CEO of Professional Stockbrokers and one of the company’s advisers, anticipated high demand for Haldane McCall’s shares post-listing. He commended the company’s trajectory of good performance and commitment to creating value for shareholders.

Send Us A Press Statement Advertise With Us Contact

 And For More Nigerian News Visit GWG.NG