By Dipo Olowookere
A subsidiary of Union Bank of Nigeria Plc, UBN Property Company Plc, has joined the trading platform of NASD OTC Market.
With this development, shares of UBN Property Company Plc have now been approved to trade on the OTC Market.
The security, which has a trading value of N2 per share, was introduced by Equity Capital Solutions Limited by way of Security Admission.
UBN Property Company Plc was incorporated on March 24, 2003 and it is involved in the development, sale and management of residential and office accommodation for corporate bodies and individuals.
With a diverse real estate portfolio, UBN Property Company Plc is a leading real estate company in Nigeria.
UBN Property Company Plc now joins MIXTA Real Estate Plc and Afriland Properties Plc as securities in the real estate financials segment of the NASD OTC Market.
The firm has been assigned with the trading code of SDUBNPROP on the NASD OTC Market.
With the admission of UBN Property Company Plc on the NASD, this brings the total number of admitted securities trading on the platform to 36.
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