It is my great pleasure to welcome the Board and Management of Haldane McCall Plc to the Trading Floor of Nigerian Exchange Group.
Let me state from the onset that I am wearing two hats today; that of the Group Chairman of NGX Group Plc and also that of the Managing Director/CEO of Finmal Finance Services Limited which is the Stockbroker that is introducing the new company to our market.
As Chairman of NGX Group, it is always heart-warming to welcome new companies into the market. Listings deepen our market and offer the investing public a diversified portfolio of companies and securities to trade on.
The opportunity to list also benefits the companies by giving them greater visibility and access to bigger pools of capital. The fact that companies have to go through a thorough vetting process that checks their corporate governance practices and financial statements also improves the companies that choose to list on our Exchange and makes them more competitive.
It is of course not a step to be taken lightly and as stockbroker to this company, I can confidently say that the Board and management of Haldane McCall Plc are serious and business minded. Haldane McCall Plc is a company making great strides in the real estate and hospitality sectors in Nigeria and West Africa.
While guiding them through the registration of their shares at the Securities and Exchange Commission and the application for listing process at NGX, they have always demonstrated a commitment to transparency, best practices and incremental value in their business.
I have no doubt that they will continue on this path and provide value for existing shareholders and the new investors that will come on board with today’s listing.
It is therefore my pleasure to welcome Haldane McCall Plc to the main board of the Nigerian Exchange.
Thank you.
Alh (Dr) Umaru Kwairanga
Chairman
NGX Group PLC
