Haldane McCall Plc seeks the Nigerian Exchange Group (NGX) approval for full listing

Haldane McCall Plc Nigeria is a leading real estate and hospitality group operating in the emerging market of Africa, owner of the popular Suru Express Hotels brands and Suru Homes brand in West Africa.

We are happy to report to the market that Haldane McCall Plc has applied for the full listing of its 3,122,000,000 shares on the Nigerian Exchange Group (NGX).

 

This follows regulatory approval from the Securities and Exchange Commission to list all her 3,122,000,000 shares on the Nigerian Exchange Group (NGX). Following this approval from  the Nigerian Exchange Group (NGX), Haldane McCall Plc intends to complete its full listing before the end of the third quarter of 2022.

 

This new listing will position the Company as a major player in the real estate and hotel business in West Africa.

In Port Novo, Republic of Benin, West Africa, the Company is building 48 apartments for the sales and rental markets as part of its ongoing home projects in addition to the 44 new homes in the city of Lagos. The Port Novo project is 60% completed and to be fully delivered by December 2022.

 

Furthermore, the company has acquired 44 acres of land for its 4,000 Low-income homes projects at Majidun, Ikorodu, and Lagos, Nigeria. Phase 1 of this project: 1,000 new homes will commence in 2023 subject to Lagos State Government planning approval.

 

Management
1st July 2022

 

 

 

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