Omatek enhances product portfolio: set to surpass projections.
July 22nd, 2008 Tunde Brown || tunde.brown@stockmarketnigeria.com
Omatek Ventures Plc was listed very recently in the computer and office equipments sub sector of the Nigerian Stock Exchange. The company made its debut by introducing a total of 2,941,789,472 units ordinary share of 50 kobo each at N4.90 per share. Recent development reveal that the 21-year-old company is beginning to live up to it’s billing as it has introduced more products to the teeming market. The company recently launched an array of new products, which include notebooks, laptops, inverters, and batteries.
The company recently set a target of N7.2bn turnover over the next financial year, an objective this initiative would very likely help in realizing. The federal and state government’s policy and information technology drive also gives an assurance that this originality would benefit the company in the short, medium and long run as states like Ogun, Lagos and Delta, amongst others have made commitments.
The company was able to pay off bank’s SME contribution through its placement and has since been able to broaden its operation. While in a chat with journalist recently, the Managing Director of the company, Mrs. Florence Seriki said Omatek Computers had to embark on a tour with Nigerian banks to see where the big players in the ICT industry in Taiwan source their materials from before it could penetrate the corporate circle in Nigeria. This move was endorsed by the corporate world and Institutions of higher learning and Government agencies have started to call for partnership.
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