Family Bank is set to officially list its shares on the Nairobi Securities Exchange (NSE) on June 23, following approval from the Capital Markets Authority (CMA). The lender will be listed through an introduction, a process that allows existing shareholders to trade their shares on the stock market without the …
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Kalahari Cement has purchased a 27 percent shareholding in East African Portland Cement (EAPC) from the National Social Security Fund (NSSF). The Sh1.6 billion Share Purchase Agreement, signed yesterday, covers the acquisition of 24.3 million ordinary shares at Sh66 each, pending regulatory approvals. While the deal gives Kalahari Cement significant …
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HF Group plans to raise Ksh.6 billion through a rights issue approved by the Capital Markets Authority (CMA). The rights issue will allow the company to offer up to 1,499,995,255 new ordinary shares at Ksh.4.00 each. Shareholders can purchase two new shares for every existing share they own, with the …
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The Lower Eastern Times Opening The Third Eye