The Listing in the Nigerian Stock Exchange is to significantly diversified ownership platform, enhance public profile of the company, and provide increased options for meeting the future financing needs of the company as well as provide identified strategic business opportunities best optimized as a public company;
This is a five (5) years Plan aimed at repositioning THE INITIATES PLC as a leading player in Waste Management and particularly in the Hazardous subsector. It entails:
- strengthening of our existing business line,
- development of three (3) new business lines within the Waste Management Industry;
- developing of three (3) new operational locations outside our current Base (Port Harcourt); and
- Putting The Initiates Plc. (TIP) in the international radar of the waste management industry
In line with this Plan, TIP has been listed in the Nigerian Stock Exchange and is currently undertaking series of internal/external strategic actions aimed at further enhancing its growth and entrenching its relevance in the Industry. These activities are expected to be financed internally, and with long-term loans or equity, and these actions include: