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| Private Placements Discuss Nigerian Private placements here. Unlike a public offering, a private placement is a direct private offering of stocks to a limited number of sophisticated investors. |
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ALL,
I read the link below from "The Guardian" website and decided to call the Abuja branch manager whom I met some months ago. He said that it is true that they are doing a pp but that it is still at the preminary stage but that very soon they would come out. The have about two big housing projects in Abuja and also are capitalised to about N1.5b. Their web site is FGHomes Telephone numbers are 09-2732046 and 08056245144 http://www.guardiannewsngr.com/busin...408&ptitle=FGH targets N5b in core capital&cpdate=150408 |
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Since he said the pp is still in the preminary stage, I guessed that the price it would be offered wouldn't have been determined.
I intend to ask whenever I call him again or you might give him a shout. His name is Oleka Anya, Abuja branch manager. |
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thank you very much for this info. we will be waiting to see thier financials when they eventually come out with the PP. i also hope the par value is #1 and that the are ready & eager for listing on the NSE. you know, those are the sugar in the tea of PP that causes massive oversubcription.
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Trying to keep this thread alive so that we don't forget.
Who knows Crown Asset Management Limited? According to the newspaper report, they are the ones packaging this deal. |
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I know them. Will find out next week.
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I wouldn't mind knowing your secret anyway. Bravo! |
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And the beauty of the forum is that there are super sniffers in the likes of Apache, Abinsho, and some new guys that just came on board. Many atime I am baffled as to how they get the info they serve us all.They are all great with their sniffing. Thanks for the compliment too ![]() |
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| Private Placements Discuss Nigerian Private placements here. Unlike a public offering, a private placement is a direct private offering of stocks to a limited number of sophisticated investors. |
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