SEC suspends Oando AGM
Following the ex-parte order of the Federal High Court, Ikoyi Lagos in suit no: FHC/L/CS/910/19 in Mr. Jubril Adewale Tinubu and Anor V Securiries and Exchange Commission (SEC) and Anor, the commission has announced the suspension of Oando Plc’s Annual General Meeting (AGM) slated for Tuesday, June 11, 2019 till further notice.
According to SEC, the suspension of the meeting was to allow the parties to maintain status quo. The commission added that it would update relevant stakeholders and the public on the outcome of the ongoing litigation.
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