It's actually two years... Premium Board listing is 3years.

In fact I just confirmed that a brand new business can list if it has evidence of 3 years minimum operating track record of a core investor

Read more:
https://ngxgroup.com/exchange/raise-capital/listing-requirements/

Streetinvestor2:
Thanks for sharing a construction in progress. One oga here once said you have to s[b]ubmit 5 yrs financial[/b] in business to sec as requirements to be listed.i may be wrong.i think is my oga..... Emma


What was the financial submitted to sec for dangota rice that makes one rice equivalent to 14 sugar.I have been asking the question for long.I have not been to jigawa.Any body from jigawa should tell us if dangota rice company is now operational in the state

I am done talking about dangota food though I am heavily invested thr.The truth remains the thing holding the merger is from the rice angle. Till the vail covering the rice is removed no merger is happening

I won't be surprised if refinery or fertiliser get listed first. That brings again the financial results as requirements for listing

Oga Emma pls come and help out with this listing requirements as per financial results of Ltd to plc

Streetinvestor2:
Thanks for sharing a construction in progress. One oga here once said you have to submit 5 yrs financial in business to sec as requirements to be listed.i may be wrong.i think is my oga..... Emma


What was the financial submitted to sec for dangota rice that makes one rice equivalent to 14 sugar.I have been asking the question for long.I have not been to jigawa.Any body from jigawa should tell us if dangota rice company is now operational in the state

You asked same question @Japaul.
One thing I know is Alhaji can't deceive his investors.

Good news coming out from Nestle
Technically speaking, the loss of FY2023 has been cleared...

https://doclib.ngxgroup.com/Financial_NewsDocs/40935_NESTLE_NIGERIA_PLC.-NESTLE_NIGERIA_PLC_EXTRA-ORDINARY_GENERAL_MEETING_EXPLANATORY_NOTE_CORPORATE_ACTIONS_APRIL_2024.pdf

file:///C:/Users/kehinde.bayere/Downloads/40937_NASCON_ALLIED_INDUSTRIES_PLC-SUSPENSION_OF_MERGER_CORPORATE_ACTIONS_APRIL_2024.pdf

Locotrader:


You asked same question @Japaul.
One thing I know is Alhaji can't deceive his investors.

Yes u are right but it may take longer than is expected to materialise because of rice.I don even remove my expectation for it this yr,lol

Full offers loading oooo

Zegra:
file:///C:/Users/kehinde.bayere/Downloads/40937_NASCON_ALLIED_INDUSTRIES_PLC-SUSPENSION_OF_MERGER_CORPORATE_ACTIONS_APRIL_2024.pdf

They should have looked at this critically before coming out with the merger proposition.l noticed NASCON was on full offer no bid for some days now.After keeping people in suspense for this long.

Streetinvestor2:
Thanks for sharing a construction in progress. One oga here once said you have to submit 5 yrs financial in business to sec as requirements to be listed.i may be wrong.i think is my oga..... Emma


What was the financial submitted to sec for dangota rice that makes one rice equivalent to 14 sugar.I have been asking the question for long.I have not been to jigawa.Any body from jigawa should tell us if dangota rice company is now operational in the state

Look at the date on the thread - 2022.

What about the Dangote combo pack that was sold on Jumia a few years back? And then the 80,000 bags of 10kg Dangote rice that were shared with Nigerians (I didn't receive any, ). All indications suggest that it came from his mills.

Princkez:
https://doclib.ngxgroup.com/Financial_NewsDocs/40937_NASCON_ALLIED_INDUSTRIES_PLC-SUSPENSION_OF_MERGER_CORPORATE_ACTIONS_APRIL_2024.pdf

watin I talk never happen
Loco you see am
Rice no dey exist

Osanobua

Princkez:
https://doclib.ngxgroup.com/Financial_NewsDocs/40937_NASCON_ALLIED_INDUSTRIES_PLC-SUSPENSION_OF_MERGER_CORPORATE_ACTIONS_APRIL_2024.pdf

The suspension is due to the comments and recommendation of the Securities and Exchange Commission (“SEC”) centered around the current non-operational status of Dangote Rice Limited.

So the company has closed down yet they want to merge it with active business.

KarlTom:
Osanobua

why u dey shout. You follow dey speak English with me,lol.i said rice is not real

This news coming from NASCON is distressing (to say the least).

Anyways, I am hoping the MM and Alhaji will not allow the price to crash beyond repair...

OBAGADAFFI:
The suspension is due to the comments and recommendation of the Securities and Exchange Commission (“SEC”) centered around the current non-operational status of Dangote Rice Limited.

So the company has closed down yet they want to merge it with active business.

14 sugar for imaginary rice.Way all those way dey post link give me,lol
I remain street investor

Princkez:
https://doclib.ngxgroup.com/Financial_NewsDocs/40937_NASCON_ALLIED_INDUSTRIES_PLC-SUSPENSION_OF_MERGER_CORPORATE_ACTIONS_APRIL_2024.pdf

In this market, learn to pick the money you see on the table
You gat to know when to walk away

Oooo Alhaji don do use dirty ooo

Streetinvestor2:
watin I talk never happen
Loco you see am
Rice no dey exist

On Point Mr. Street!

But this is...

Streetinvestor2:
14 sugar for imaginary rice.Way all those way dey post link give me,lol
I remain street investor

Fixed😁

[quote author=Streetinvestor2 post=129504772]Says who.Dont alhaji have right to change his mind.
Have you seen alhaji rice in the market or rice farm before [/quot

As at 2001
Dangote has a rice mill in Jigawa...
Capacity: 16 tonnes of paddy rice per hour.
Estimate: 14 billion naira worth of rice per year
Out Growers: 20,000 jobs to farmers.
Status: 70% Completed
Next Phase: Kebbi, Sokoto, Zamfara, Kano and Niger Mills to follow.
When these planned six mills come fully on stream, Dangote will achieve a capacity of seven hundred thousand metric tons per annum of Parboiled rice, which will make Dangote Rice the largest rice producer in Africa.

Streetinvestor2:
14 sugar for imaginary rice.Way all those way dey post link give me,lol
I remain a street investor

Them wan do us 419

Streetinvestor2:
watin I talk never happen
Loco you see am
Rice no dey exist

Job said, " What I feared most has befallen me"...

[quote author=Willie2015 post=129508430][/quote]

Have heard ?

chimex38:

Fixed😁

You are very wicked...

Waiting at the bottom to average down or not.

OBAGADAFFI:
The suspension is due to the comments and recommendation of the Securities and Exchange Commission (“SEC”) centered around the current non-operational status of Dangote Rice Limited.

So the company has closed down yet they want to merge it with active business.

I knew where someone married a dead lady...

ositadima1:


Look at the date on the thread - 2022.

What about the Dangote combo pack that was sold on Jumia a few years back? And then the 80,000 bags of 10kg Dangote rice that were shared with Nigerians (I didn't receive any, ). All indications suggest that it came from his mills.

Crypto Mill abi?

Some people go study Dangote Sugar and Nascon results throughout the night today...

DeRuggedProf:


You are very wicked...

Naa.. Fixed as per the street Investor he claims and not the unfortunate merger News..
(I Highlighted The part)

I will buy casket for my units of Nascon and Sugar. I know say Dangote don remove Oxygen for their ward...

DeRuggedProf:
Some people go study Dangote Sugar and Nascon results throughout the night today...