Portland Paints targets rights issue to raise additional capital
Portland Paints and Products Nigeria Plc (PPPNP) has said it will be embarking on rights issue to raise additional capital in pursuit of its plan to improve returns and address the high leverage position of the company and other business expansion plans. The company further noted it will focus on innovation and seek opportunities to introduce new products into its array of brands as it pursues increased profitability for its stakeholders.

