By Aduragbemi Omiyale Ahead of its dissolution, Rak Unity Petroleum Plc has announced its intention to transfer all unclaimed dividends of shareholders into the companies liquidation account as required by the law. Rak Unity is preparing to wind up and according to the Companies and Allied Matters Act (CAMA) 2020 and the Companies Winding-up Rules, […]
The Nigerian Exchange Limited has suspended trading in the shares of four firms this year for falling short of regulatory criteria, even as it is in the process of delisting three firms. The NGX Regulation Limited said in a report that Chellarams Plc, Niger Insurance Plc, The Tourist Company of Nigeria Plc, and Thomas Wyatt […]
WorldStage Newsonline– Rak Unity Petroleum, a petroleum marketing company has released its interim Report and IFRS Financial Statements (Unaudited) for the 12-month period ended 31 December 2020 with no record of revenue in the last three months (Q4) of 2020 compared with N844,607 million in 2019. WorldStage earlier reported Rak Unity Petroleum’s move to voluntarily […]
RAK Unity Petroleum Company Plc has announced the commencement of a strategic review of its business as part of efforts to increase its market share. The company said it was determined to achieve its strategic objectives by driving growth inorganically through a merger or acquisition, in order to respond competitively to the emerging changes and […]
Shareholders of RAK Unity Petroleum Company Plc have unanimously endorsed the proposal by its Board of Directors to pay a dividend of 10 kobo per share for the financial year ended December 31, 2017. The shareholders also approved the Board’s plan to drive growth inorganically through a merger or acquisition in order to compete favourably […]
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