Answer: Reasonable dividend and capital appreciations on investment.
Answer: EDFSL is like any other investment in shares except that it is Church based and operates in real estate sector of the economy.
Answer: The only risk is limited to the investment made in the company. Investors cannot lose anything else
Answer: EDFSL is jointly owned by ECWA (Headquarters, DCCs, LCCs, LCs, F/Gs, Departments, Units, Institutions) and ECWA members.
Answer: You can sell to ECWA and ECWA members. The new owner will replace the seller of his/her shares in the shareholders register. The Company could take up the shares where there is no ready buyer and sell them at a future date.
Answer: Returns will be in line with projections contained in the placement of memorandum. Returns (dividends) will be declared and paid from annual profits made by the company.
Answer: No age restrictions.
Answer: Profile of Board members are in the placement memorandum. Members are hardcore professionals selected among ECWA members reflecting ECWA geographical spread.
Answer: YES. Open bank account for each child and supply the bank details while filing the shares application form.
Answer: Minimum of 20,000 units at N1.10 each (N22,000). No maximum.
Answer: ECWA as a church will be able to develop her strategically located properties with ease in an optimal manner which will lead to improved revenue to finance missions.
- ECWA will earn periodic Income.
- Better image for the Church
- Job opportunities for members
- Economic empowerment for members
Answer: See the private placement memorandum.
Answer: The shares will be transferred to the next of kin supplied in the Application Form.
Answer: Dividend from these shares in offer will commence after minimum of 12 months from the date offer officially closes.
Answer: Shareholders cannot access loan from shares acquired.
Answer: EDFSL is a private limited liability company owned by ECWA and ECWA members.
Answer: Every company operates in a defined and structured market. The prospects of real estate business are very bright in Nigeria and beyond.
Answer: EDFSL will honor the next of kin selected by the shareholder. The Company reserves the right to buy back the shares from the next-of-kin
Answer: Call in or see the External Auditors Annual reports.