Speaking at the ceremony, the Divisional Head, Listings
Business, NGX Limited, Mr. Olumide Bolumole stated, “At NGX Limited, we
maintain our commitment to driving sustainable products and responsible
investment in our market. We are, therefore, pleased to celebrate this listing
from Me Cure – a leading healthcare company serving millions of patients and
leveraging technology to help people fight everyday illnesses. Today’s listing
represents a pivotal milestone in the growth journey of Mecure industries and I
congratulate its board and management for this landmark achievement, as well as
the commitment towards ensuring the sustained growth of the company. Looking
ahead, we encourage Me Cure and other unlisted issuers to utilize the NGX
platform to meet future capital needs across debt and equity to support
business expansion in line with their overall corporate strategy.”
On his part, the Chairman, Me Cure Industries, Mr. Samir
Udani noted, “It gives me great pleasure to share this electronic podium as a
business owner who has crossed a milestone today. Entrepreneurs like me live
for days like this and it is a matter of pride to be welcomed as a new member
of the NGX family. The path to success is steep, but with the encouragement of
NGX, we at Me Cure will contribute to building and shaping Nigeria’s healthcare
industry any way we canl. COVID-19 has shown how countries can become
vulnerable, making Healthcare investments are must-have in our country.
Therefore, we are focused on sustaining and growing our existing basket of over
100 products. Finally, we are pleased to say that our paths will once again
cross as we have made the bold decision to list on the Growth Board of NGX in
coming months.”
The Group Executive Director, Cordros Capital (Lead Financial Adviser/Issuing House), Mr. Femi Ademola CFA, expressed his appreciation to capital market stakeholders and other professional parties to the transaction – Cordros Capital Limited, Vetiva Capital Management Limited and Greenwich Merchant Bank Limited. He further stated, “I must thank NGX for the opportunity to join Me Cure for this important occasion of listing.
We
appreciate the collaboration we enjoyed with NGX during this process and are
confident this will continue into the future. We must also thank Me Cure for
having faith in us to drive this process to a successful end. We believe the
Healthcare sector is important in the economic growth of Nigeria because of its
invaluable contribution to Human Capital Development, which should be
prioritised at this time.”
NGX continues to facilitate listing and trading activity in
the market while remote trading and working from home continues. This year, NGX
has facilitated needed financing of over ₦4.6Tn in capital raised by
governments and corporates across various asset classes.