|
We
are into the business of Stock broking and could render the
following services to your organization.
1. Buying
& Selling of Securities:
We buy and sell shares, bonds and
other marketable securities on behalf of our clients. We often
invest our clients’ funds in high-yield and secure investment
instruments to enable them achieve the twin goals of security of
investment and good returns on investment.
2. Demobilisation/Dematerialisation
of existing share certificates:
We process and demobilise/dematerialize
clients’ existing share certificates into the Central Securities
Clearing System (CSCS) depository of the Nigerian Stock
Exchange which offers them the following benefits:
-
Mitigation of risk of loss,
misplacement, theft and fire hazards of the physical share
certificates.
-
Readiness of stocks for
disposal at client’s earliest convenience to meet urgent
needs or curtail unfavorable shocks of the market.
3. Valuation
of Securities
We embark on periodic valuation
(as required – monthly, quarterly, half yearly or
annually) of our clients’ stockholding to enable them assess the
progress attained.
4.
Receiving Agents
Tiddo Securities Limited collects
monies from investors during primary issues of securities as a
receiving agent. We have participated actively in the
Privatization Programme of the Federal government and other
Public Issues as an agent.
5. Stockbrokers
to Primary Issues
We also act as Stockbrokers to
Primary Issues. We were the sole stockbroker to the Public Issue
of 2.5 Billion shares of Jaiz International Plc. We were also
Stockbrokers to Intercontinental Bank Plc as well as the FCMB
Private Placement Issue of 2004. We are currently involved in
the under-listed Equity Issues.
- Fidelity Bank
Plc - Inland Bank Plc
- Intercity Bank Plc
- FCMB Plc (IPO)
- First Atlantic Bank
Plc - Union Bank Plc
- Nigerian Wire & Cable
Plc - Tropical Commercial Bank Plc
- IBTC Ethical
Fund - IMB Plc
6.
Company Registrars / Registrar to Primary
Issues
As indicated above, we are registered with the Securities and Exchange
Commission (SEC) as Company Registrars. We are currently maintaining the
Register of shareholders for Tiddo Securities limited. We also act as
Registrars to Primary Issues. We were the Registrar to the recently
concluded Private Placement of Tropical Commercial Bank Plc.
7.
ISSUING HOUSE SERVICES
We act as Issuing House to organizations that want to
raise funds through the Capital Market and we have been duly registered by
the Securities and Exchange Commission (SEC) as Issuing House. Three of
our key officials including the Managing Director (Yusufu Modibbo) are
veterans in Capital Issues. The other two Officers guiding our Capital
Market functions are Messrs Isaac Iortsor and Kunle L. Jinadu. Their
respective profiles are provided in this submission.
8. Fund
Management Service
We parade a large varied clientele
base which includes but is not limited to investment companies and
other corporate, pension funds, Insurance Company and high net worth
individuals.
Some of our regular corporate clients
are:
-
Nigeria Social Insurance
Trust Fund
-
NNPC Pension Fund
-
Niger Insurance Plc
-
Leadway Assurance Co.
Ltd.
-
Asset & Resource
Management Co. Ltd.
-
Adamawa Investment and
Property Development Co. Ltd.
-
Taraba Investment
Company Ltd
-
Nassarawa Investment &
Property Co. Ltd
-
Lagoon Home Savings &
Loans Ltd.
-
Abubakar Tafawa Balewa
University
-
Cornerstone Trustees
Limited
-
Afri Bank Trustees
Limited
-
Premium Pension Limited
-
Standard Alliance
Insurance Company Plc
We currently operate discretionary and
non – discretionary Fund Management services to date, we are
managing the following fonds:
Discretionary -
About N 4 Billion
Non Discretionary -
About N 3 Billion
N 7 Billion
We shall be obliged to serve you
conscientiously and we also wish to assure you of our
professionalism and confidentiality in handling your investment
matters. |