Custodian Investment gets SEC’s nod to mandatorily takeover minority interests in UPDC

WorldStage Newsonline– Custodian Investment Plc has been authorized the Securities and Exchange Commission (SEC) to proceed with  a mandatory takeover offer to be made to minority shareholders of UACN Property Development Company Plc (UPDC) for the purchase of up to 34,415,332 ordinary shares of 50 kobo each, at a price of 90 kobo per share.

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