Consolidated Hallmark to raise N735m new capital
26 Nov
Insurance
Consolidated Hallmark Insurance (CHI) Plc will seek approval to raise N734.5 million additional capital, at its Extraordinary General Meeting (EGM), slated for November 28, 2018, in Lagos. Shareholders will, at the meeting, formally give their approval to shore up the company’s capital through private placement of 1,130,000,000 units, at the price of 65 Kobo per share, which will…