CHI secures shareholders Approval to raise fund for recapitalization

Posted by - November 28, 2019

A leading general business insurance company Consolidated Hallmark Insurance (CHI) Plc has received its shareholders approval to raise additional funds in order to increase its authorized share capital from N7.5 billion to N10 billion ahead of the 30th of June 2020 deadline given to insurance companies in the country to recapitalise. At the Company’s Extra