Mr. John O’Keeffe, recently appointed Managing Director of Guinness Nigeria Plc. will on Tuesday 24th March 2015 lead his Executive Team and other officials of the company to the Nigerian Stock Exchange (NSE) where he is expected to sound the closing gong.
The gong closing ceremony is an event that is used to signify the end of the day’s trading activities at Stock Exchanges across the globe and an invitation to beat the gong is considered by many to be an honour and an acknowledgement of a corporate market standing and achievement.
The visit by the recently appointed Managing Director’s of Guinness visit to Nigerian Stock Exchange, is Guinness’ MD’s first official outing to the Nigerian Stock Exchange (NSE).
Mr. O’ Keeffe in his earlier remark on the import of the occasion, said that that the NSE extended invitation to the company to sound the closing gong of the market on the appointed day.“Guinness Nigeria has been invited to beat the gong to signify the close of the day’s trade and we are pleased that the Nigerian Stock Exchange (NSE) has deemed it fit to honour us in such a manner”.
H e recalled that “Guinness Nigeria has been listed of the Nigerian stock Exchange since 1965 and we are the 7th largest company by market capitalization on the exchange. We are aware of the history that we have in this country and we are committed to implementing our strategic plans to grow within the market as signaled by major investments that we have made in areas of capacity expansion amongst others,” .
Businessworld Intelligence recalls that Guinness Nigeria was established in 1950 and listed on the Nigerian Stock Exchange in 1965 and has such popular brands like Guinness Foreign Extra Stout, Guinness Extra Smooth, Harp Lager, Malta Guinness and Malta Guinness Low Sugar, Smirnoff Ice, Snapp, Dubic lager and Orijin under its belt.