Universal Insurance Plc has launched a rights issue of 2.67 billion ordinary shares valued at approximately N3.2 billion as the insurance company moves to strengthen its capital base and support future business expansion. The company disclosed that the offer consists of 2,666,666,667 ordinary shares of 50 kobo each at N1.20 per share on the basis […]
... Universal Insurance Seeks Fresh Capital Through 2.67 Billion Share Rights Offer ... Naijaonpoint.