The Securities & Exchange Commission (SEC) has suspended the 2019 annual general meeting of oando plc earlier scheduled to told Tuesday, June 11th, 2019.In a statement on Monday morning, SEC said that, “further to the Ex-parte Order of the Federal High Court, Ikoyi Lagos in Suit No: FHC/L/Cs/910/19 In Mr. Jubril Adewale Tinubu & Anor V Securities & Exchange Commission & Anor, the Annual General Meeting of Oando Plc scheduled to hold on Tuesday, June 11, 2019 at 10: 00am has been suspended till further notice. “Accordingly, the Commission has directed the suspension of the Annual General Meeting of Oando Plc to allow the parties maintain status quo.”The Commission will update the public on the outcome of the ongoing litigation”
Trending
- Just In: CBN Increases Capital Base Of Commercial, Merchant, Non-interest banks
- Bridging Energy Access Gap Vital for Nigeria’s Economic Growth, says NNPC Chief
- Access Holdings Plc Reports Strong FY2023 Financial Performance, Grows PBT By 335%, Earnings To N2.59tn
- Guinea Insurance Strengthens Partnership At NCRIB Brokers Evening In Port Harcourt
- NNPC Retail Limited Clarifies Price Adjustment Rumours
- Lagos Receives Dangote’s Rice Support For Vulnerable Households
- Uzoka-Anite Highlights Revitalization And Infrastructural Development
- Coronation Insurance Identifies Role Of Insurance In Safeguarding Financial Stability