1. When will the resolved dividend be paid?
Computer Share HMK’s registra is working on this; They need to setup the payment account with a bank and will send a payment schedule but we think it should be paid before last week in October 2012. The dividend is for 1st half of 2012 , and payment covers those who own stock as of 30th June 2012.
2. When does the share buyback program starts?
This strategy was planned earlier in the year before the changes that came up by the Frankfurt exchange, however it is something that we would consider implementing next year when we are well established on the entry standard.
3. On 20. August should be a new hotel opens. Once this is done?
Yes the Hotel was opened on the 7th of September , there was a slight delay but it is up and running. I will send you pictures and you can also go on to
http://www.suruexpress.com/Ikeja/index.php4. What results (financials) have been certified?
Financial year is Jan 1 – Dec 31 ( the audited accts we have is for 2011) – and a copy is attached to this document
5. Who was the auditor?
Ayoola Oladeji & Co
46, Olowu Street, P.O. Box 6906, Ikeja, Lagos
Nigeria, LC. NO. 2782
Registered number LAZ 064 159
http://www.ayoolaoladejiandco.com6. What is the current number of the outstanding shares?
56,670,436 common and 400,000 preferred Shares.
7. When can the public view the prospectus?
After Bafin’s approval, we estimate this should be around 17th of October, then it will be published on Haldane McCall’s website
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