Redstar Express Plc is set to pay 40 kobo dividend to its shareholders. This is due to the resolutions made after the Annual General Meeting of the company held on August 30, 2018 at the Shell Hall Muson Centre in Lagos.
According to a statement signed by the Company Secretary, Frances Ndidi Akpomuka, made available on the website of the Nigerian Stock Exchange, the following resolutions were passed and approved:
- The audited financial statement for the year ended, March 31, 2018 and the report of the Directors and Audit Committee.
- Payment of Dividend of 40 kobo per share to shareholders
- Appointment of Mr Suleiman Barau and Mrs Chioma Sideso as Non-Executive Directors.
- The re-election of Alhaji Aminu Dagana as a Non-Executive Director.
Red Star Express Plc provides a portfolio of full logistic solutions which includes, but not limited to International and Domestic express delivery, Freight Forwarding, Integrated Logistics Solutions, Information and Document Management Solutions, Warehousing and E-commerce Solutions.