Group Managing Director, SIFAX Group, Adekunle Oyinloye, receiving The Next Bull’s Award from the Publisher/Chief Executive Officer of BusinessDay Media, Frank Aigbogun, Lagos…recently
Based essentially on its “proudly Nigerian values” as espoused by its leadership, indigenous multinational, SIFAX Group, has emerged the winner of the Next Bulls Award from BusinessDay based after a survey of active investors on the Nigerian Stock Exchange (NSE).
Conferring the honour, the newspaper’s Publisher/Chief Executive Officer, Mr. Frank Aigbogun, said SIFAX Group stood above peers in brand authenticity, incredible growth trajectory, market dominance, outstanding value system and innovative solutions.
According to him, the survey was meant to celebrate the best 10 indigenous private companies whose Initial Public Offers (IPO) informed investors on the NSE have expressed a strong desire to own if their boards ever decide to take the shares public.
He noted that after collating the survey responses administered on equity analysts, retail and institutional investors, financial journalists, sectoral experts, professionals and millennials, “over 90 of the respondents identified SIFAX Group as a company whose stock they would like to own in their dream equity portfolio for long-term holding if the choice was limited to only 10 companies.”
Receiving the award on behalf of SIFAX Group, the Group Managing Director, Mr. Adekunle Oyinloye, remarked that the management was impressed with investors’ appetite as evident in the level of subscription to the IPO of one of the company’s subsidiaries, SAHCO Plc, which has been listed on the exchange, according to the Corporate Affairs Manager, Mr. Muyiwa Akande.
Therefore, “an award proposition from BusinessDay is not a fictitious or money-making venture. This award is credible. We are genuinely grateful for this. As a Nigerian company, we believe in this country and that is the major reason we continue to deepen our investment in various sectors of the economy.”