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Nigerian construction giant Ronchess Global Resources Plc is listed on the Nigerian Stock Exchange, with the common shares of N1 each listed on N81 on the Growth Board of the Nigerian Exchange Limited (NGX) without liability. The company recently received approval to list 91 million units of its shares by way of introduction, with Mainstreet Capital Limited as Issuing House/Financial Adviser and FSDH Capital Limited as stockbroker. The approval is in addition to the Securities and Exchange Commission’s approval for listing earlier in August 2021.
Ronchess Global Resources Plc is a leading provider of traffic solutions, construction and procurement services in Nigeria. Founded in 2008 by Jackson Ukuevo, who is also the CEO and currently oversees more than 600 employees, Ronchess Global Resources Plc has grown into a leading solutions provider in the country. With a leadership style focused on inspiration and motivation, Jackson has grown the business into a multi-million dollar company and billions of naira in revenue every year.
“It took a long time and we invested our time, effort and experience to get listed on the Nigerian stock market without liability,” said Jackson Ukuevo. “For 13 years, Ronchess Global Resources has been committed to the highest industry standards by introducing technology, eco-friendly or recycled materials and new construction techniques to extend the life of road networks and sustainable roads and reduce maintenance costs. The new listing provides direct access to new markets, invests in new projects and facilitates opportunities to expand revenue opportunities for both the company and our shareholders.
The company’s vast customer base includes Federal Ministry of Works, Kaduna State Government, Lagos State Government, River State Government, Delta State Government, Edo State Government, Enugu State Government, Ogun State, state government of Niger, the government, the state government of Akwa Ibom, Cross River State government, and Oyo State government. Others include HI-TECH Construction Company, Lekki Concession Company, Julius Berger Nigeria Plc, Reynolds Construction Company Limited, PW Nigeria Limited, FCDA, FCT, Abuja, SETRACO Nigeria Limited, Flourmill Nigeria Plc, Lubric Construction Company, Hartland Nigeria Limited, Parkview Estate , J.Harnel & Co. Ltd., UNAAB, LASTMA, ARAB Contractors and Planet Project.
The company has many years of experience and skill in mechanized road marking, design and installation of road signs, traffic lights and intelligent traffic data & transportation systems. It also provides excellent services in road construction, private, commercial and municipal building construction, clear view fencing and parametric gate construction.
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