Evans Medical Plans to Raise Funds
October 20, 2008 by Bunmi Awolusi
At the last Annual General Meeting (AGM) of Evans Medical Plc on Friday, Mr. Saifudeen Edu, Chairman of Evans, said said the company has made necessary steps to raise more funds by listing on the Nigerian Stock Exchange (NSE) soon.
Mr. Edu explained that the fund to be raised would be used to complete factory modernisation projects and improve the company’s working capital and businesses towards profitability.
According to him, the company has invested immensely by upgrading its company factory and release of new products which the company embarked on in 2004 with the aim of satisfying the World Health Organisation’s requirements for global participation and increase in market share.
