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De-Canon Investment Limited has earned a sterling reputation in the market place having participated in landmark block trades and also acted as stockbroker to the issue for many public offers.
• Joint Issuing House with Manufacturing Merchant Bank Plc, for the public offer for subscription of 1,100,000,000 50kobo ordinary shares of Orient Bank of Nigeria Plc, September 1998, December 1999 (De-Canon returned N750,000,000 proceeds of the offer to Central Bank of Nigeria, Abuja).
• Stockbroker to British American Insurance Company Plc rights issue, October 1998.
• Issuing House to Express Insurance merger with Lexington Insurance Company, September 1999.
• Issuing House for the private placement of West African Pilot Press (Publishers of West African Pilot Newspaper) 500,000,000 100kobo ordinary shares, October 2000.
• Financial Advisor to United Investment Limited, London in the 60% equity Divestment of Dunlop
Nigeria Plc from DN Meyer Nigeria Plc. 2001.
• Lead Advisor on the Due Deligence exercise of DN Meyer Nigeria Plc. December 2002.
• Stockbroker to the Public Offer of 600million 50kobo ordinary shares at 60kobo per share of Amicable Assurance Plc. February 2004.
• Issuing House and Investment Adviser to Global Commerce & General Assurance Limited, Private Placement of 200,000,000 100kobo Ordinary Shares at N1.10kobo per share, April 2001.
• Financial Advisor and Fund Manager to Amicable Assurance Plc. 2001 till date.
• Financial Advisor to the merger between International Insurance Group Nig. Limited and Shelter Insurance Company Ltd. September 2003.
• Issuing House and Financial Advisor to EM-International System Nigeria Limited on the Private placement of N600 million equity worth, 2003/2004.
• We are currently managing a total asset of two and a half billion naira as at 31st March 2004 in nominee accounts.
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