Read the Investors’ brief from our Chairman (here ..BIG PLC- Investor Brief-QTR1-2016.)
Financial Data for year ending Dec 31st 2015
Read the Financial Statement (here Key financial data for the year ending 31 Dec 2015)
Announcement to Shareholders
You will recall that the second AGM, held on 28th December 2015 agreed to establish a BIG Microfinance company. It was agreed that a microfinance is a stepping stone towards the attainment of our ambition of establishing a commercial bank in Bukoba. In this regard, we are pleased to inform you that processes are ongoing to register the company with the Registrar of Companies. Further, the Board has engaged a consultant to come up with a Business Plan and Strategy for the undertaking and you will be informed of the pertinent details once the Board has the opportunity to look at the report.
Please note that construction work is progressing on Plot 28, Jamhuri Road in Bukoba to build a new structure that will serve as interim HQ for BIG Plc Ltd and to fence the plot.
The BIG website www.big-ltd.com is up and running and we are sourcing an IT company to deal with updating and maintaining the website. We thank all those who took the time to provide us with proposed features and comments on what needed to be done to improve the website and assure you that all will be incorporated as soon as the relevant company takes over managing the website.
As we move ahead and as per what was agreed at the AGM, we call upon you to buy more shares in the company thereby increase your shareholding while at the same time increasing the capital base for BIG Plc. The shares are still at the initial TZS 12,000/- per share but the price will increase once the Microfinance company is launched. We therefore encourage you to take advantage of this price. Please also reach out to those in your networks to join us in this endeavour. The banking details can be found on the BIG website.
For those shareholders who are yet to collect their shareholding certificates, you are kindly reminded to collect the same on the 4th floor at Infotech Investment Group Offices in Kawe.