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Shareholders laud Custodian Investment on performance

Shareholders have commended the board of directors and management of Custodian Investment Plc for sustaining good performance and payment of dividends on a yearly basis.

President of Noble Shareholders Association of Nigeria, Matthew Akinlade, who led other shareholders to give the commendation at the 28th Annual General Meeting of the company in Lagos over the weekend, said Custodian Investment is an investor’s delight. He urged the board and management to keep up the good performance.

Akinlade also commended the board and management for turning around the fortunes of UPDC Plc, a subsidiary of the company acquired with 51 per cent equity stake in 2020.

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Mr. Adebayo Adeleke, another shareholder said, “This is an investment to hold. Any investor that does not have Custodian Investment’s equity in his investment basket is a kindergarten investor.”

Addressing shareholders at the meeting, Chairman of the Board of Directors, Dr. (Mrs.) Omobola Johnson, noted that, “notwithstanding the economic headwind faced during the year, our company was able to report decent financial performance across the group.

The GMD of the group, Mr. Wole Oshin, expressed optimism about the future and assured shareholders that the group would continue to stand tall.

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