Med-view Airline Plc has declared a dividend payout of
N29.25m, representing three kobo per ordinary share to its shareholders from
May 19, 2017.
The decision was taken after the company’s shareholders
approved the payout at its first Annual General Meeting held in Lagos.
The shareholders also authorised the company to raise an
additional capital to expand operation.
The airline, therefore, said it would raise funds through
debt instrument or a combination of private placement and right issues, among
others.
The Chief Executive Officer of the airline, Alhaji Muneer
Bankole, who responded to questions and input from the shareholders, said
Med-view would acquire three aircraft to strengthen its international
operations.
According to him, the aircraft will include a Boeing 777-200
and a 737-800, which will strengthen its entry into routes like Dubai.
Meanwhile, Caverton Offshore Support Group Plc posted a
profit after tax of N612.284m for the 2016 financial year, as against N988.08m
reported in 2015.
Its revenue for 2016 stood at N19.31bn, as against N23.219bn
recorded in 2015.
But the shareholders at the company’s Annual General Meeting
in Lagos said they were optimistic that the maintenance, repair and overhaul
facility planned by the company would boost its revenue going forward and
generate more returns for shareholders.
This facility is expected to serve different airlines in the
area of fleet maintenance.
The Chairman of the company, Mr. Aderemi Makanjuola, assured
the shareholders that the facility would be completed and fully operational in
2018.”
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