The management of Evans Medical
Plc, has announced that Skye Bank Nigeria Plc and First Bank of Nigeria have
taken over its asset.
This is contained in a statement
by Adesua Akintemi, the company’s secretary.
It said the company had received
a court order for its assets to be taken over as a result of a loan default.
“Evans Medical Plc would like to
announce that the company’s bankers (Skye Bank Plc and First Bank of Nigeria
Limited) have served the company with an ex-parte order of the federal high
court dated 4th July, 2017, granting them right to take over the company’s
assets used as collateral against facilities granted to the company by its
bankers due to loan default,” the statement read.
“A receiver manager has also been
appointed and has taken over the assets of the company.
“The board of Evans Medical,
however, has begun discussions with the two lenders with a view to arriving at
an amicable resolution of the matter and the discussions are progressing
favourably and we are optimistic that a mutually beneficial workable
arrangement will be arrived at between the banks and our board as soon as
possible in order to safeguard the company’s properties as well as protect the
shareholders’ investment,” it said.
“We shall keep you informed
accordingly and we appreciate your understanding in this matter.”
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