News and Events
Honeywell Flour unveils ₦18.64 billion IPO
16 Aug 2008 | Filed under category Investor Relations
The board, management and professional advisers of Honeywell Flour Mills at the mid-week appended their signatures to documents necessary for the opening of its initial public offering (IPO) scheduled for between December 3 and 31, 2008.
A total of N18.64 billion is to be raised from the capital market through an offer for subscription of 941.176 million units to the public and 1.252 billion ordinary shares for sale at N8.50.