BY SUNNY A. DAVID
Nigeria’s leading Cable Manufacturing Company, Cutix Cables Plc has rewarded their best distributor with a brand new car. Our correspondent gathered that Mr. Pius Ogbonnaya Obianom, the Managing Director of PAX-O MULTI LINKS Limited, who was rated as the best distributor, was gifted the car during the company’s end of the year party. Cutix Cables Plc Holds 38th AGM, Announces Revenue of N6.7bn
The excited Mr. Pius who is popularly known as DROGBA CUTIX could not hide his joy as he received the car gift.
It will be recalled that Cutix Cables Plc recently announced a revenue profile of 6.7 billion naira, a Profit Before Taxation (PBT) of N899,827 million, and a total of N594,023 million as the Profit After Tax (PAT) for the financial year ended April 30, 2021.
Meanwhile, Prince Obianoefo Charles Orizu, the first son of Nnewi Traditional Ruler, His Royal Highness, Igwe Kenneth Onyeneke Orizu (III) has been elected as a Director in Nigeria’s leading cable manufacturing company, Cutix Cables Plc. Prince Obianaefo Orizu who is a member of the Chartered Institute of Arbitrators, UK with a Diploma, International Commercial Arbitration was elected on Friday 26th November, 2021, as one of the Director in Cutix Cables, during the 38th Annual General Meeting of the company, which held at the company’s headquarters at 17, Osita Onyejianya Street, Umuanuaka Otolo, Nnewi, Anambra State.
The Nnewi Crown Prince who will join other eight (8) Directors of the company was elected after he got majority of the votes of the shareholders present in the meeting.
