Shareholders approve new capital raising for Med-View Airline

 

Shareholders of Med-View Airline Plc have mandated the board to raise additional capital to support its expansion programme. At its annual general meeting in Lagos, shareholders unanimously approved a special resolution authorising the board to raise new capital through debt or equity or a combination of debts and equities through any of private placement, rights issue, public offer and staff share purchase scheme.

Its Chairman, Sheik Abdul-Mosheen Al-Thunayan, said the company was witnessing the beginning of a new era and urged shareholders and other stakeholders to support the company as the board and management continue to work to develop the company.

According to him, the growth of the company has continued with accelerated efforts and ahead of its contemporaries as it has been able to spread to various routes across the world from its humble beginning in Nigeria in 2007.

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