WorldStage– May & Baker Nigeria Plc has issued a public notice warning the investing public against a fraudulent investment scheme circulating under the name “M&B Equity Stake.”
In an official corporate release signed by Adetoun Abiru for Marina Nominees Limited, Secretaries to the Board of May & Baker Nigeria Plc, the pharmaceutical company distanced itself, its subsidiaries, and its affiliates from the unauthorized scheme, which has been promoted across social media, messaging platforms, and online channels promising daily or guaranteed returns.
Key Details from the Public Notice:
No Connection: The company stated unequivocally that it has not authorized any individual, platform, group, or flier soliciting funds for an “M&B Equity Stake” or similar investment opportunity.
No Capital Raising Exercise: May & Baker confirmed it is not currently undertaking any Rights Issue, Public Offer, or public capital-raising drive.
Official Channels: Any future capital-raising plans will be formally communicated through authorized corporate channels in compliance with the rules of the Nigerian Exchange Limited (NGX) and relevant regulatory bodies.
Advisory to Investors: Shareholders, customers, and the general public are strongly advised to disregard these solicitations, avoid making payments or sharing financial details, and report suspicious activities to law enforcement authorities.
