1 month ago
14 ARTICLE AD
G. Cappa Plc has appointed nine new directors in compliance with a court order issued by Justice T. G. Ringim in Suit No. FHC/L/CS/6777/2013.
The appointments were announced during the construction firm’s Extraordinary General Meeting, which was recently held in Lagos.
The newly appointed directors are Mr. Tayo Oyetibo (SAN), Mr. Chimezie Ihekweazu (SAN), Mr. Dick Akpolagha, Mr. Georges Maroun, Mr. Peter Adepeju, Mr. Nonah Awoh, and Mr. Chadi Jawish.
Mr. Ihekweazu, who is the acting Chairman of G. Cappa, stated, “The EGM was in line with and in compliance with the court’s order, and it was successfully conducted.”
He noted that the addition of the new directors marked the beginning of the process to rebuild the company and expressed optimism that the initiative would yield positive returns for shareholders.
The company’s Corporate Affairs Manager, Mr. Malachy Ndubuzor, also described the meeting as a major success, noting that the shareholders’ participation in electing a new board of directors demonstrated the potential for the company to regain its standing.
He added, “Today’s development is a stepping stone towards achieving what the company is known for—building construction. The new board will aim to take the next steps toward restructuring and revitalising the company.”
All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
Contact: [email protected]
