Champion Breweries Plc is holding its 43rd Annual General Meeting with the following details:
|Venue||:||Lagoon Restaurants, 1C Ozumba Mbadiwe Street, Victoria Island, Lagos, NG|
About the company
Champion Breweries Plc is an established brewery in Nigeria manufacturing Champion Lager Beer and Champ Malta as well as a selection on non-alcoholic beverages. The company also brews and packages products under contract to Nigerian Breweries Plc. The main brands in its product portfolio are Champion Lager Beer and Champ Malta. Champ Malta is a flavoured beer with a golden colour and distinct aroma. The company has undergone a number of name changes; established as South East Breweries Limited, the name changed to Cross River Breweries Limited and thereafter to Champion Breweries Limited which was later changed to Champion Breweries Plc. In 2011, Consolidated Breweries acquired a 57% equity stake in Champion Breweries which was originally held by Montgomery Ventures Inc (Panama). In 2013, Raysun Nigeria Limited, a wholly-owned subsidiary of Heineken, purchased Consolidated Breweries and now holds a majority equity stake in Champion Breweries Plc. The company’s head office is in Akwa Ibon state, Nigeria.
This annual general meeting (AGM) is a mandatory yearly gathering of the company’s interested shareholders. At the AGM, the directors of this company present an annual report containing information for shareholders about the company’s performance and strategy. Shareholders with voting rights vote on current issues, such as appointments to the company’s board of directors, executive compensation, dividend payments and selection of auditors.
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