Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,205,628 members, 7,993,129 topics. Date: Monday, 04 November 2024 at 07:20 AM |
Nairaland Forum / Nairaland / General / Investment / Zenith Bank Shares Coming Out !n150 Billion (978 Views)
How Best To Invest N150,000 In Nigeria / Wema Bank Shares / Zenith Bank Fixed Deposit Interest Rate (2) (3) (4)
(1) (Reply)
Zenith Bank Shares Coming Out !n150 Billion by NSIKAN: 4:24pm On Nov 06, 2007 |
ZENITH Bank is returning to the stock market to raise N150 billion at N38/36 per share. The offer is coming at an attractive discount considering the current price in the market. Investors who bought the bank's shares at N16.90 when the IPO opened on sometime back have seen their investments appreciate over time. Proceeds of the offer, scheduled to open in a few weeks, are expected to be utilised for branch expansion, information and communications technology and beefing up working capital. Investors would be particularly happy to note that Zenith Bank has done very well in the banking sector and set a pace after consolidation. The bank remains a good place to invest because of its strong, stable management as well as its expansion plans, which witnessed a leap from 78 branches to over 200 branches. The prospect for a successful outing was bright because the bank delivered on all promises made when it went to the market through an initial public offering (IPO) and has recently stretched it hands to helping everyone by introducing Consumer loans to the public.(contact me for more on this) The announcement of the offer, which is also coming on the heels of the release of the bank's six month result that showed that it earned a N6.4 billion profit before tax for the half-year ended December 31, 2005 has already put shareholder groups on notice. The banks plan to return to the stock market has been endorsed and will debut in a few weeks. To be part of this exciting business leap call me,08033349015,08024581820 or email,ridge9090@yahoo.com or nsikan.benson@zenithbank.com. Nairalanders YOU heard firsthand news!!Go for gold! |
Re: Zenith Bank Shares Coming Out !n150 Billion by Nobody: 8:15pm On Jan 01, 2008 |
What's up with the salary slashing? My parents changed their mind about buying Zenith Bank shares when they heard about it. |
(1) (Reply)
Entreprenuer Advise Is Needed / Investment Opportunities Available In Nigeria / How Do I Invest One Million Naira
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 9 |