Transcorp Plc opens doors to new investors

Transnational Corporation (Transcorp) Plc has opened its doors to new investors to take up a stake in the diversified investment company.

Although Transcorp revealed on Thursday that the company was yet to receive notification from any purported investor who acquired substantial shares in the firm, it said it was open to new investors.

There have been reports this week that a substantial investor bought over one billion shares of Transcorp, worth N2.1 billion, on Tuesday.