The Nation Newspaper

Tag: Chi

  • Chi launches Hollandia Evaporated milk

    For a brand that has positioned itself in the minds of consumers as the benchmark for quality in the evaporated milk category, Hollandia Evaporated Milk needs little introduction to consumers conscious of taking a highly nutritious milk for its health benefits.

    Given the taste, quality, and numerous nutritional benefits, Hollandia Evaporated Milk is an “all-rounder milk”, which can ideally be used for traditional and non-traditional purposes.

    Hollandia Evaporated Milk provides excellent nourishment for the body.

    It also brings out the taste when added to one’s favourite tapioca meal or milkshake, and offers added nutrition and taste when used in mixes for cakes, chin-chin, puff-puff and small chops batter.

    Hollandia Evaporated Milk is rich in calcium and vitamins, and is packaged in handy pack sizes of 60g and 190g.

    The 60g “Pop-Pour-Throw”pack size allows consumers to avoid waste as the content is well within what can be consumed in one go, thereby eliminating the need for refrigeration.

    The re-sealable 190g “Pour-Cap-Keep”pack size provides the consumers with the opportunity to store and re-use.

    Ishola Oyedokun, a Marketing Executive with Shalom Enterprises, said his early morning routine involved a stop at a local mai shai (tea seller)to enjoy a hot cup of tea or coffee. He said most of the mai shai shops he visited in Agege, Lagos, Hollandia Evaporated Milk was used.

    “Upon enquiry, I was told by Alhaji Isa, the tea seller on my street, that Hollandia Evaporated Milk was used because it tasted fresh and creamier when added to tea or coffee.

    ‘’It is also cost effective when compared with other brands in its category and offers convenient packaging ideal for individual consumption and storage,” he stated.

    Nkechi Agu, a confectionary consultant with Bake Mix Limited, said milk is a key ingredient for baking, and preparing desserts to achieve a great-tasting product.

    “Hollandia Evaporated Milk is comparatively tastier than other milk brands I have come across, and creamier too. It is easily my favourite, as it is a perfect addition to enhance taste and quality whenever I have to prepare milkshakes, desserts and some snacks for my clients. The difference is impressive as there is a noticeably improved taste, texture and mouth feel whenever I put Hollandia Evaporated Milk in the mix,” she added.

    Chi Limited’s Managing Director, Mr. Deepanjan Roy, said Hollandia Evaporated Milk is a highly nutritious and that it provides the essential nutrients needed by the body for healthy development.

    “Its premium quality, unique convenient packaging and affordability makes it irresistible to consumers. Hollandia Evaporated Milk is an all-rounder milk with a great taste and creamy goodness. Through innovation, Hollandia Evaporated Milk has achieved consumer preference by consistently inventing and adding more value,” he said.

    Hollandia Evaporated Milk is available in Chi Shoppe, departmental stores, markets and neighbourhood kiosks.

     

  • CHI Rights Issue hits 100.09% success

    CHI Rights Issue hits 100.09% success

    Shareholders of foremost insurer, Consolidated Hallmark Insurance (CHI Plc), have affirmed their support for, and confidence in the operations of the organisation with a 100.09 per cent subscription of the last Rights Issue that set out to raise N500 million for business expansion.

    The company, in the first phase of its capital raise exercise, offered one new share to every six held by its existing shareholders in the 1,000,000,000 units’ rights issue, which opened on October 16 closed on November 22, last year.

    With the very successful rights issue and the resultant increase in its working capital, plans are already afoot to further expand operations and broaden its income streams. This is evidenced by the recent establishment of a Health Maintenance Organisation subsidiary (Hallmark HMO), and the deployment of a new user-friendly transaction-based website in a bid to deepen its retail footprints.

    The Basis of Allotment of the rights issue subscription, as approved by the Securities and Exchange Commission (SEC), shows that there were no traded rights on the floor of the Nigerian Stock Exchange during the offer period as 100 per cent of applications complied with the terms of the offer.

    In his reaction to the success of the offer, Managing Director/CEO of the company, Mr. Eddie Efekoha,  also the Chairman of the Nigerian Insurers Association, called on members of staff to see the expression of confidence in the activities of the organisation by shareholders as a call for even greater dedication to duties.

    This, he said, would ensure expectations of clients were continually met through quality service delivery. He acknowledged that even greater efforts were required as the organisation grows bigger and strives to attain its vision of emerging as the first choice provider of insurance and other financial services in Nigeria.

    The CHI boss said as a company, they were able to fulfill their claim payment obligations as at when due, having successfully settled claims to the tune of over N1.7 billion which is a 29 per cent increase over the N1.3 billion paid in 2015.

    He said the company has also moved to ensure that its seamless service offerings are within the reach of our rapidly-growing clientele and potential customers by unveiling a new website – www.chiplc.com.

    “The new website has been designed to present an utmost user-friendly experience alongside hassle-free navigation and improved functionalities. It enables users, with a click, access to information on various classes of general insurance business to take decisions based on available options and forms of protection desired. With a very easy and friendly onboarding process, the website enhances the purchase of insurance products online through the aid of premium calculators. It also facilitates payments with Bank Debit Cards and online payments via specified bank accounts with several tier one and two banks.

    “Also, through a Unique Customer Dashboard available for new and existing customers of the foremost insurance firm, they can view online real-time the status of their policies, and transactions. The functionality of the new website is further evident in the provision for clients to report and lodge in their claims, send supporting claims documents by uploading pictures and relevant forms as well as track the status of their claims.

    “Built for the digital age, the website is easy to navigate and very suitable for the multi-device social networking customer. We believe that the closer insurance services are to the end users, particularly via desktops and mobile devices, the better for higher insurance penetration with the attendant positive effects on revenue growth.

    ‘’Deployment of latest technology is an integral part of the strategic plan of CHI Plc in our quest to emerge as a leader in the insurance industry,” he noted.

  • Chi wins most Innovative FMCG company award

    Chi Limited was recognised as the ‘’Most Innovative Fast Moving Consumer Goods (FMCG) Company’’ at the Businessday Top 25 Most Innovative companies and Institutions in Nigeria Awards 2017.

    Chi Limited came out tops in a keenly competitive category that included other major FMCG companies like AJE, makers of BIG Cola and Dufil foods, makers of Indomie Instant Noodles.  According to the Businessday award committee, ‘Chi Limited’s visionary stride in innovating and launching a portfolio of new and existing brands into the consumer market including Chivita 100%, Chivita Active Vegetable & Fruit Nectar, Happy Hour by Chivita Fruit Drink, Hollandia Evaporated Milk, Hollandia Yoghurt and others provide ground-breaking innovations that have resulted, in no small measure, in making commercial and socio-economic impact, as well as value creation for clients and consumers’

    Offering high quality products, Chi Limited is the first company to launch major mass market ready to drink products in aseptic sachet packaging in West Africa. Its flagship brand Chivita 100% is the only locally produced 100% fruit Juice made from real natural fruits with no added sugar, no artificial colours and no preservatives. Chivita Active Vegetable and Fruit is an innovative product that offers consumers in Nigeria for the first time choices in fruit juices made from the goodness of vegetable with the lip smacking goodness of fruit. While Chi Exotic Nectar is the definitive standard in its category in terms of its unique fruit mixes and taste offerings.

    Happy Hour by Chivita is rated the fastest growing juice brand with innovative variants that keep consumers refreshed. Hollandia Yoghurt’s constant innovation, a peculiar rich mouth feel, variety of flavours and healthy goodness, has seen it rise to become the generic name for drinking Yoghurts amongst consumers, while Hollandia Evaporated Milk is the first Nigerian Milk brand to be packaged in aseptic packaging, which is renowned globally as a benchmark for quality. It is one of the most admired and innovative offerings in its category. These brands have also built enduring consumer loyalty through their impressive array of variants and market promotions.

    Chi Limited’s Managing Director, Mr Deepanjan Roy stated that: ‘’We have received this industry recognition as the most innovative FCMG company award by consistently delivering innovative products that have become household names in Nigeria. It also validates our commitment to ensuring that our range of products continue to be admired for its highest quality, nutrition & health standards’’

    The Businessday Top 25 Most Innovative companies and institutions in Nigeria Awards 2017 seeks to acknowledge, celebrate and promote extensively the organisations and institutions that have developed the most inventive and ground-breaking products, ideas and services in 2016 and thus, contributed immensely to the sustainability of its customer-base, bottom-line, overall organisational growth, as well as the socio-economic development of our country.

  • Chi partners Nollywood to train farmers

    Chi Farms Limited, a player in hatching and growing of poultry, catfish, cattle fattening, meat processing, frozen food production and distribution, has partnered the Nigerian movie industry, dubbed Nollywood to produce an ‘edutainment’ series that helps building the capacity of farmers.

    According to the management of the company, it has started to shoot its first mini-series of eight episodes in Epe with a focus on catfish farming. The series will cover the daily struggles of a catfish farmer in running its business profitably.

    The Chi Farms Aquaculture Customer Focus Team will provide practical solutions that help to maximize the profit of the catfish farming business.

    Chi Farms said it uses the series as part of its large scale training effort for catfish farmers under its ongoing ‘Feed the Future’ initiative.

    The series will also be made available online through social media and is expected to be aired on a major Nigerian TV channel.

    Johannes Flosbach, Corporate Strategy and Business Development Chi Farms, said:  “Agricultural trainings must be as practical and hands-on as possible. Edutainment clips are a great way to reach large numbers of farmers even in areas where our Customer Focus Team cannot assist directly.”

    The project is part of a larger strategic initiative by Chi Farms to create win-win models with smallholder farmers by providing fish feed, catfish juveniles and water testing kits in combination with certified trainings and regular technical assistance.

    “Chi Farms produces highest quality of feed and juveniles. However, farmers need knowledge and understanding to choose the best quality product over the lowest price product” says Martin Middernacht, executive director at Chi Farms Ltd.

    The project is supported by the United States Agency for International Development (USAID). In return Chi Farms has committed to conducting significant investments into the expansion of its feed milling and catfish hatchery capacities.

     

  • Chi emerges winner of most innovative product award

    Frontline beverage producing company, Chi Limited, has won this year’s Most Innovative Fast Moving Consumer Goods (FMCG) Company Award of Businessday’s top 25 most innovative companies and institutions in Nigeria.

    According to the Businessday Award Committee, Chi Limited’s visionary stride in innovating and launching a portfolio of new and existing brands into the consumer market has provided ground-breaking innovations, which have resulted in commercial and socio-economic impact as well as value creation for clients and consumers.

    Offering high quality products, Chi Limited is the first company to launch major mass market ready-to-drink products in aseptic sachet packaging in West Africa.

    Its flagship brand, Chivita 100%, is regarded as the only locally produced 100% fruit juice made from real natural fruits with no added sugar, artificial colours or preservatives.

    Chivita Active Vegetable and Fruit is an innovative product that offers consumers in Nigeria for the first-time choices in fruit juices made from the goodness of vegetable with the lip smacking goodness of fruit while Chi Exotic Nectar is the definitive standard in its category in terms of its unique fruit mixes and taste offerings.

    Happy Hour, another product from the stable of Chi Limited, is rated the fastest growing juice brand with innovative variants that keep consumers refreshed.

    Hollandia Yoghurt’s constant innovation has seen it rise to become the generic name for yoghurts among consumers, while Hollandia Evaporated Milk is reputed as the first Nigerian milk brand to enjoy aseptic packaging which is renowned globally as a benchmark for quality.

    Reacting to the award, the Managing Director of Chi Limited, Deepanjan Roy, said: “We have received this industry recognition as the most innovative FCMG company award by consistently delivering innovative products that have become household names in Nigeria.

    “It also validates our commitment to ensuring that our range of products continues to be admired for its highest quality, nutrition and health standards.”

  • CHI shareholders get N120m dividend

    Consolidated Hallmark Insurance Plc is paying N120 million as dividend, having received the nod of the shareholders at its 22nd Annual General Meeting (AGM) at the weekend in Lagos.

    The company generated a gross premium income of N5.83 billion against the N6.04 billion generated in 2015. The company’s net premium income rose to N3.51 billion from N3.19 billion during the corresponding period.

    The firm’s profit for the year was N195 million and profit before tax, N368.13 million.

    Claims and payments, however, rose significantly from N1.34 billion in 2015 to N1.73 billion, an increase of 29 per cent and the total assets moved from N7.02 billion in 2015 to N7.44 billion.

    Its Chairman, Obinna Ekezie, who revealed at the meeting that the dividend translates into two kobo per share, stressed that the gesture was to further demonstrate the company’s commitment  to reward its shareholders in spite of the tough business climate.

    He said the dividend is payable to members, whose names appear in the register by close of business on the date earlier publicised.

    The firm’s Managing Director,  Eddie Efekoha on his part, said the board and management will continue to work hard to provide good dividend, adding that the company is undergoing digital transformation exercise to enable it position itself strategically and align with its strategic objectives.

    He stressed that the efforts will help the company deliver exceptional returns to shareholders, be profitable and increase its market share, adding that it is part of a comprehensive five-year strategic plan being implemented.

  • Chi wins ‘Most Innovative FMCG Company’ Award

    Chi Limited has been given the ”Most Innovative Fast Moving Consumer Goods (FMCG) Company” Award at the Businessday Top 25 Most Innovative companies and Institutions in Nigeria Awards 2017.

    Chi Limited came out tops in a competitive category that included other major FMCG companies like AJE, makers of BIG Cola and Dufil foods, makers of Indomie Instant Noodles.

    According to the Businessday award committee, ‘Chi Limited’s visionary stride in innovating and launching a portfolio of new and existing brands into the consumer market including Chivita 100%, Chivita Active Vegetable & Fruit Nectar, Happy Hour by Chivita Fruit Drink, Hollandia Evaporated Milk, Hollandia Yoghurt and others provide ground-breaking innovations that have resulted, in no small measure, in making commercial and socio-economic impact, as well as value creation for clients and consumers’

    Offering high quality products, Chi Limited is the first company to launch major Mass market Ready to Drink products in aseptic sachet packaging in West Africa. Its flagship brand Chivita 100% is the only locally produced 100% fruit Juice made from real natural fruits with no added sugar, no artificial colours and no preservatives. Chivita Active Vegetable and Fruit is an innovative product that offers consumers in Nigeria for the first time choices in fruit juices made from the goodness of vegetable with the lip smacking goodness of fruit. While Chi Exotic Nectar is the definitive standard in its category in terms of its unique fruit mixes and taste offerings.

    Happy Hour by Chivita is rated the fastest growing juice brand with innovative variants that keeps consumers refreshed. Hollandia Yoghurt’s constant innovation, a peculiar rich mouth feel, variety of flavours and healthy goodness, has seen it rise to become the generic name for drinking Yoghurts amongst consumers, while Hollandia Evaporated Milk is the first Nigerian Milk brand to be packaged in aseptic packaging, which is renowned globally as a benchmark for quality. It is one of the most admired and innovative offerings in its category. These brands have also built enduring consumer loyalty through their impressive array of variants and market promotions.

    Chi Limited’s Managing Director, Deepanjan Roy stated that ‘We have received this Industry recognition as the most innovative FCMG company award by consistently delivering innovative products that have become household names in Nigeria. It also validates our commitment to ensuring that our range of products continue to be admired for its highest quality, nutrition & health standards’

    The Businessday Top 25 Most Innovative companies and Institutions in Nigeria Awards 2017 seeks to acknowledge, celebrate and promote extensively the Organisations and Institutions that have developed the most inventive and ground-breaking products, ideas and services in 2016 and thus, contributed immensely to the sustainability of its customer-base, bottom-line, overall organisational growth, as well as the socio-economic development of our country.

  • CHI grabs two trophies for quality

    Years of consistent high quality, constant innovation and a commitment to keeping its brand promise by ensuring that consumers are offered quality, healthy refreshing fruit juices and dairy products has paid off as Chi Limited has received awards for two of the brands on its stable at the Global Quality Excellence Awards 2016 which was held in Lagos recently.

    Chivita 100%, the company’s flagship brand and undisputed market leader in the fruit juice category, was named as winner of the ‘Best Quality Fruit Juice Excellence Award 2016’ for the Juice category while Hollandia Yoghurt, also a market leader, won the ‘Best Quality Yoghurt Excellence Award 2016’ for the drinking yoghurt category.

    Organised by the African Quality Institute as part of this year’s World Quality Day celebration and in line with the resolution of the United Nations, the Global Quality Excellence Awards 2016 has the objective of ensuring that quality remains an important tool for national growth and prosperity.

    According to Desmond Esorougwe, a member of the Organising Committee for the Awards, “the award is our chance to reinforce these virtues as the foundation of organisations and brand’s requirement for achieving improvedbusiness performance. After a painstaking review of brands in the fruit juice and yoghurt categories, Chivita 100% fruit juice and Hollandia Yoghurt came tops in recognition of their capacity to deliver authentic consumer experiences.”

  • Chi wins two awards

    Chi wins two awards

    Two brands on the stable of Chi Limited have received awards at the Global Quality Excellence Awards, which held in Lagos.

    The brands are Chivita 100 per cent, the company’s flagship brand, which was named winner of the ‘Best Quality Fruit Juice Excellence Award’ for the Juice category and Hollandia Yoghurt which won the ‘Best Quality Yoghurt Excellence Award’ in the drinking yoghurt category.

    The organisers said the awards would ensure that quality remains an important tool for national growth and prosperity.

    A member of the Organising Committee for the Awards, Desmond Esorougwe, said: “In a global economy where success depends on quality, innovativeness and sustainabi-lity, the award is the chance to reinforce these virtues as the foundation of organisations and brand’s requirement for achieving improved business performance.

    “After a painstaking review of brands in the fruit juice and yoghurt categories, Chivita 100 per cent fruit juice and Hollandia Yoghurt came tops in recognition of their capacity to deliver authentic consumer experiences.”

    Chi Limited Managing Director, Mr. Roy Deepanjan,said the company is delighted with the honour.

  • Chi wins global quality excellence awards

    Chi Limited has received awards for two of the brands on its stable at this year’s Global Quality Excellence Awards in Lagos.

    The recognition showed several years of consistent high quality, constant innovation and a commitment to ensuring that consumers get quality, healthy refreshing fruit juices and dairy products.

    Chivita’s 100 per cent, the company’s flagship brand in the fruit juice category, was named winner of the “Best Quality Fruit Juice Excellence Award 2016” for the Juice category while Hollandia Yoghurt, also a market leader, won the “Best Quality Yoghurt Excellence Award 2016 for the drinking yoghurt category.

    Organised by the African Quality Institute as part of this year’s World Quality Day celebration and in line with the resolution of the United Nations”(UN), the Global Quality Excellence Awards 2016 has the objective of ensuring that quality remains an important tool for national growth and prosperity.

    Desmond Esorougwe, a member of the Organising Committee for the awards, said: “In a global economy where success depends on quality, innovativeness and sustainability, the award is our chance to reinforce these virtues as the foundation of organizations and brand’s requirement for achieving improved business performance. After a painstaking review of brands in the fruit juice and yoghurt categories, Chivita 100 per cent fruit juice and Hollandia Yoghurt came tops in recognition of their capacity to deliver authentic consumer experiences.”

    Managing Director of Chi Limited, Mr. Roy Deepanjan, added: “We are delighted with this honour from the organisers of the Global Quality Excellence Awards 2016. The award underscores our dedication to giving 100 per cent to every stage in the production process of our brands from sourcing of raw materials to packaging and delivery.

    “We constantly review our processes to ensure that only the best quality of our products in the fruit juice and dairy category finds its way to the shelf.”