Elumelu, through his investment firm HH Capital, holds a 29.5-percent stake in Transcorp, or 11,990,957,350 ordinary shares.
Transcorp Corporation
-
-
Otedola now holds a 5.52-percent stake in Transcorp, making him one of the conglomerate’s top shareholders.
- Hot News
Tony Elumelu’s Transcorp suffers $8.9-million loss in four days as shares tumble from high
The loss came off the back of a sell-off in the company’s shares.