for the third quarter of 2020 showed beer volumes for its Nigerian operations jumped by about 18 per cent ahead of the market at a time when a countrywide coronavirus lockdown forbade pubs, beer parlours and night clubs from running.
Raysun purchased 1,903,609,538 shares of Champion Breweries shares at N2.60 per unit at a total of N4,949,384,799 on January 7, itsRaysun held 60.4 per cent interest in the brewer as of December 31, 2019, according to for the year in question, meaning its latest 24.3 per cent acquisition of Champion Breweries shares has catapulted its total holding in the company to 84.7 per cent, easily giving it a leverage to launch a takeover bid.Asset Management Nominee and Akwa Ibom Investment Corporation, which held 12.3 per cent and 10 per cent holdings respectively in the company prior to Heineken’s latest round of share purchase, were the other substantial shareholders in Champion Breweries.
And the accrued income taxes will have to be shared among the hypocrite Sharia States abi?