Transcorp Hilton adjudged as the best Case Study – Kaizen Works!
Earlier this month, Kaizen Institute Africa, entered the Transcorp Hilton case study in Kaizen Institute’s internal case-study competition in Frankfurt, Germany. This was an internal competition in which all 28 business units participated. The evaluation process requires all participating contestants to evaluate all case studies on several parameters.
It is with great pleasure that we announce that the Transcorp Hilton case study was adjudged as the best case study globally! The Kaizen team expressed their gratitude for the sincere, smart work put in by the Transcorp Hilton team to achieve extra ordinary results.
Kudos to the team!
Transcorp’s power subsidiaries commence merger process, hold court-ordered meeting
Transnational Corporation of Nigeria Plc has commenced the process of merging its power business subsidiaries, Transcorp Ughelli Power Limited (TUPL) and Ughelli Power Plc (UPP). While TUPL is a wholly owned special purpose vehicle of the company, UPP is the owner and operator of the Ughelli Power Plant.
Following the approval-in-principle granted by the Securities and Exchange Commission for the proposed merger of TUPL and UPP a court-ordered meeting was held on August 13, 2015 of shareholders of both companies to approve the terms of the merger.
We await the final approval from SEC. The proposed merger is expected to bring overall management and operational efficiency to the power business of Transcorp.
The proposed merger is expected to bring overall management and operational efficiency to the power business of Transcorp.