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Sep

Neimeth Pharmaceuticals to raise N3.68bn via rights issue

Neimeth International Pharmaceuticals Plc is set to float a rights issue of N3.67bn through the Nigerian capital market. The rights issue would be used to raise N3,679,618,625 at the cost of N1.55k per  50 Kobo share. Neimeth stated that its shareholders had in March, 2022 at the 63rd annual general meeting, approved the creation of 2,373,947,500 additional […]