Julius Berger to ascertain subsidiary in Benin Republic

Julius Berger Nigeria Plc has introduced plans to ascertain a completely owned subsidiary in Benin Republic.

In line with a discover filed by the corporate secretary, Cecilia Madueke, on the Nigeria Trade Restricted on Monday, its subsidiary, Julius Berger Investments Restricted, has resolved to include and register the brand new firm beneath the legal guidelines of Benin Republic.

“Julius Berger Nigeria Plc needs to inform its shareholders, the Nigerian Trade, and the investing public that its wholly owned subsidiary, Julius Berger Investments Restricted, has resolved to ascertain, incorporate, and register a completely owned subsidiary firm, restricted by shares, beneath the provisions of the legal guidelines of Benin Republic to hold on the enterprise of planning and building of all types of civil and engineering works within the Republic,” the assertion partly reads.

Madueke added that the subsidiary will concentrate on the planning and building of civil and engineering works within the nation.

The Board of JBIL additionally accepted the appointments of Christophe Fierens because the Resident Government Director, Goni Sheikh and Jochen Stolle as Non-Government Administrators, and Cecilia Madueke because the Firm Secretary.

Julius Berger is a Nigerian building firm that gives a variety of companies for buildings, infrastructure, and industrial initiatives.

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