BOC Gases changes title after TY Danjuma’s acquisition of 72% stake

boc-gases-changes-title-after-ty-danjuma’s-acquisition-of-72%-stake

BOC Gases Nigeria Plc will now be is called Industrial and Scientific Gases Nigeria Plc after discarding title it adopted 14 years ago, a existing by the company showed on Thursday.

The title drop follows the buyout of 60 per cent shareholding in BOC Gases same to 249,746,823 long-established shares in August by TY Holdings Restricted, owned by Theophilus Yakubu Danjuma, Nigeria’s old defence minister, from Guildford-essentially based BOC Holdings UK.

Until turning into the majority proprietor of the company, TY Holdings held 12 per cent of BOC Gases infamous shares.

“The company has obtained a unique certificate of incorporation from the Company Affairs Rate,” BOC Gases mentioned within the doc printed by the Nigerian Commerce and viewed by PREMIUM TIMES.

The company, whose interests span industrial and scientific gasoline manufacturing as correctly as sale of particular gases, welding and scientific equipment, has also changed its impress and trademark within the spirit of the unique transformation.

Hendrik Mentz de Waal and Joseph Ramashala – both non-govt directors – exited the gasoline producers in August, six days after the takeover.

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