G. Cappa implements court order on directors’ appointment

G. Cappa Plc has appointed nine new directors in compliance with a court order by Justice T. G. Ringim in Suit No. FHC/L/CS/67772013.

The appointment was announced at the construction firm’s Extraordinary General Meeting held in Lagos recently.

The appointed new directors were Mr Tayo Oyetibo, SAN; Mr Chimezie Ihekweazu, SAN; Mr Dick Akpolagha; Mr Georges Maroun; Mr Peter Adepeju; Mr Nonah Awoh and Mr Chadi Jawish.

The Acting Chairman of G. Cappa and Senior Advocate of Nigeria, Chimezie Ihekweazu, said, “The EGM was in line and compliance with the order of the court, which in his word was successfully conducted.”

Ihekweazu noted that with the new directors, the process of rebuilding the company would start and expressed optimism that it would result in fruitful returns for the shareholders.

Also, the Corporate Affairs Manager of the company, Mr Malachy Ndubuzor, said that the meeting was hugely successful, as the gathering of the shareholders to elect a new board of directors showed that the company could come back to reckoning.

He stated, “What happened today is a stepping stone towards achieving what the company is known for, which is the building construction, and the new board would hope to take the next steps towards restructuring and revitalizing the company.”

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