ENEO Invites Staff To Subscribe To Buy Back 5 Percent Shares

According to an official communiqué from ENEO, the company invites its staff to subscribe to the shareholding capital of GIC ENEO, an entity which will own five percent of the capital of ENEO Cameroon reserved for employees.

Those eligible for these subscriptions are the current employees of ENEO, public concessionaire in charge of electricity in the country, and the former employees of the company put on retirement between July 11, 2001 and April 21, 2016.

To support the company in this operation meant to meet a clause of the buyout, in 2014, of 56 percent of the shares of the electricity company by the British investment fund, Actis, GIC ENEO retained the services of the company Activa.


Author: achablah

I am a Student Journalist in the University of Buea

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