Stock financial backers lose N426 billion in the midst of bounce back confidence
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Investors of PZ Cussons Nigeria Plc have consistently endorsed the goals approving their chiefs to, in the interest of the organization, execute the deal and move of a bit of land arranged inside its Ikorodu Industrial Estate where NUTRICIMA manufacturing plant directs its business tasks to FrieslandCampina Wamco Nigeria Plc.
Talking during an Extraordinary General Meeting (EGM) in Lagos as of late, the organization Chairman, Chief Kola Jamodu, clarified that the tasks of NUTRICIMA in sure regards incorporates with those of the PZ Cussons Nigeria as land resources utilized by NUTRICIMA for its activities is possessed by PZ Cussons Nigeria.
He informed the investors of the advantages resulting from the offer of the unflinching resources, which incorporate increment in the organization's held profit by opening an incentive in its natural property resources'.
NUTRICIMA Nigeria Limited, the producer of dairy items, is claimed by Milk Ventures Limited-a UK-enrolled restricted obligation organization possessed by PZ Cussons Plc U.K. At the same time, PZ Cussons UK is the parent organization of PZ Cussons Nigeria Plc.
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