May & Baker Restates Commitment to Nigeria’s Healthcare Sector

May & Baker presented on Facts behind proposed Rights Issue at the Nigerian Stock Exchange

May & Baker Restates Commitment to Nigeria’s Healthcare Sector

Nigeria’s first pharmaceutical company, May & Baker which has for over seven decades remained a key player in the country’s healthcare industry has assured investors of its continuous service of saving lives and moving the healthcare industry to its peak.

The Managing Director/CEO, May & Baker, Nnamdi Okafor said this during an interactive session at its ‘Facts behind the Rights’ which was held at the Nigerian Stock Exchange on Friday.

According to Okafor, the company seeks to raise capital of N2.45 billion at N2.50 per share said that it plans to strengthen its financial position and performance of the company, therefore causing the society to benefit from the fund.

He noted that Nigerian stands a better chance of benefitting, so also as the government as they plan to provide healthcare services for Nigerian, stating that that the benefit is not only for shareholders but for all Nigerians.

Responding to question on the strength of the company’s success, Okafor said that May & Baker has for over the years provided and produced quality product which has helped in building a reputable name for the company and also the patronage of their services.

He said, “The Company is 74 years old and still strong, if you don’t do things right, then you can not stay in business for long. May & Baker ensures that we do things right.”

He added that Nigerians finds their product dependable and that has been a source of inspiration to the company for years.

“We want to support life. Our mission is to improve the quality of life; we are driven by that mission to ensure we support the health of Nigerians as a whole.”

The May & Baker team had closed the Nigeria Stock Exchange trading of Friday 26th October, 2018 with the gong ceremony.

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