WorldStage Newsonline– The shareholders of Presco Plc, a Benin City based fully-integrated agro-industrial establishment with oil palm plantations, palm oil mill, palm kernel crushing plant and vegetable oil refining and fractionation plant have approved the payment of N2 billion dividend which translates to 200k per share from the profit made by the company during the financial year ended December 31 2019.
This was one of the major resolutions passed at the 27th Annual general Meeting of the group held by proxy on Wednesday September 2, 2020.
In a notification to the Nigerian Stock Exchange signed by Patrick Uwadia, Esq, Company Secretary, other resolutions passed include the election of three directors a single resolution; Mr Osa Osunde, HRH Prince Aiguobasinmwin Ogie Akenzua and Kenneth Crockett.
Moreover, Mr Gerald Royle Ray, Mrs Ingrid Vandewiele and Mr Paul Cardoen all appointed after the last AGM be and were elected as directors of the company.
