The management and board of Ekocorp Plc, has notified the Nigerian Stock Exchange (NSE), its shareholders and the general public of the appointment of Uzochukwu Eneli to its Board of Directors as a Non-Executive Director.
Eneli’s appointment is to takeoff from September 11, 2018 and will be to represent the Estate of Late Dr. Alex Eneli (a co-Founder of Ekocorp PIc).
The company disclosed that Eneli’s appointment was as a result of the resignation of Senator Mike Ajegbo who represented the said Estate from the Board of Directors of Ekocorp Plc on the same date.
Senator Ajegbo was appointed to the Board of Directors of Ekocorp as a non-executive Director in 2007 following the demise of late Dr. Alex Eneli.
For over a decade now, there have been tussles as regards the leadership of the company.
Nairametrics had reported that Directors of the firm who have been in a decade old ownership tussle over disputed shares, may have settled the squabble.
The company in a release to the NSE, notified the investing community that an Extra Ordinary General Meeting (EGM) would be held on Thursday the 5th of July, 2018.
The EGM was subsequent to a Federal High Court judgment delivered on the 7th of May, 2018.
Ekocorp Plc had released its condensed financial statement for the First Quarter ended March 31, 2018.
The company’s turnover for the period, stood at N362 million as against N1.49 billion in 2017. Ekocorp recorded a loss before tax of N66.5 million as against N970. billion in 2017.
Loss after tax stood at N66.5 million as against N1.3 billion in 2017.
About EKO Hospital
Ekocorp Plc is a company domiciled in Nigeria. It started off as Mercy Specialist Hospital in 1977 and was incorporated on the 9th of February 1982 as a private limited company by shares. It became a Public Liability Company (Plc) in 1991 and by 1994, the name changed to Ekocorp Plc.
The EKO represents the first letter of the surname of each of the 3 founders Eneli, Kuku, and Obiora.