The Nigerian Exchange Limited (NGX) says it has suspended trading in the shares of Courteville Business Solutions Plc.
This was contained in its weekly report of market activities yesterday.
According to Lilian Dako, NGX’s head of the listings regulation department, the suspension took effect on Tuesday, October 17 2023.
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According to Dako, the suspension is necessary to prevent trading in the shares of the company in preparation for the delisting of the securities of the company in line with the approval obtained from Nigerian Exchange Limited
Courteville’s suspension comes months after shares held by minority investors were taken over by Bows Nigeria Limited, the company’s majority shareholder.
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