News Formal

Access Corporation Completes First Guarantee Pension Acquisition

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 77%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Access Corporation has completed the acquisition of a majority equity stake in First Guarantee Pension Ltd. (FGPL).

Access Corporation stated this in a corporate filing with the Nigerian Exchange Ltd yesterday signed by its company secretary, Mr Sunday Ekwochi.

Ekwochi said the corporation had received a full regulatory approval of its acquisition of majority equity stake in FGPL. “Following this development, FGPL is now a subsidiary of the corporation and will provide a strong springboard for the corporation’s execution of its ecosystem strategy for the pension funds administration industry,” he said.

Speaking on the development, group chief executive officer, Access Corporation, Herbert Wigwe, said the acquisition was to ensure a globally connected community with focus on corporate governance.Wigwe said, “This transaction is in line with our vision to create a globally connected community and ecosystem, inspired by Africa for the world.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stanbic IBTC, Access Holdings, MTN top stocks to watch this weekThere are also Zenith Bank and CAP Plc.
Source: PremiumTimesng - 🏆 3. / 78 Read more »