Centum Investment Group Chief Executive James Mworia (left) with Group Finance Director Wambua Kimeu during the company’s half-year results announcement and investor briefing at Two Rivers Mall yesterday. [Courtesy] For decades now, Centum Investment has closed some of the hottest business deals across East Africa, creating billions of shillings for shareholders. This year, the deals […]
The banks led the top movers’ table at the Nairobi Securities Exchange (NSE) Tuesday. The top mover was Equity Group with 4.74 million shares and a market capitalization of 134.53 billion shillings. The second top mover at the bourse on Tuesday was Absa Kenya having sold 4.09 million shares with a market capitalization of 51.06 […]
NAIROBI, Kenya, Nov 27 – Centum Investment PLC announced a decline in Group Profit After Tax and recorded a loss of Sh1.9 Billion for the six months to September 2020 down from a consolidated profit of Sh6.9 Billion in the prior period. The decline in performance was largely on account of a significant drop in […]
Centum Real Estate, a subsidiary of the NSE-listed Centum Investment Company, has opened a KES4bn project bond issue to finance its ongoing housing projects. “The bond offers an opportunity for investors to get a piece of Kenya’s real estate pie without taking the risk of getting involved in actual development of the projects,” said the […]
Centum Real Estate, a subsidiary of the NSE-listed Centum Investment Company, has opened a KES4bn project bond issue to finance its ongoing housing projects. “The bond offers an opportunity for investors to get a piece of Kenya’s real estate pie without taking the risk of getting involved in actual development of the projects,” said the […]
Centum Real Estate Managing Director Samuel Kariuki. Centum Investment plans to raise Sh4 billion from local investors to finance its ongoing housing projects in Kenya. The investment firm said it will raise the funds through a bond issue by its development subsidiary Centum Real Estate. “Proceeds from the bond will be allocated exclusively to the […]
November, Wednesday 4, 2020: The top gainer of the day at the Nairobi Securities Exchange (NSE) was Flame Tree Group with 5.26 percent at the price of 1.40 shillings per share. WPP ScanGroup and British American Tobacco gained 3.17 and 2.68 percent at the price of 6.50 and 345.00 shillings per share respectively. Centum Investment […]
NAIROBI, Kenya, Oct 27 – Centum Real Estate Limited, a subsidiary of the NSE-listed Centum Investment Company Plc, is looking to float a Sh4bn project bond to finance its ongoing housing projects. Proceeds from the bond will be allocated exclusively to the subsidiary’s ongoing affordable, middle-income and high-end housing projects in Kenya. Centum Real Estate […]
NAIROBI, Oct 27 (Reuters) – The real estate subsidiary of Kenya’s Centum Investment CTUM.NR plans to issue a 4 billion shilling ($36.78 million) corporate bond to finance its housing developments, the parent company said on Tuesday. The three-year, zero coupon bond, which will be floated in the next few weeks, will come at a discount […]
Centum Real Estate plans to issue a Sh4 billion bond to finance ongoing housing projects, marking its first major borrowing since turning into a cash-generating unit in 2018. The firm, a subsidiary of the Nairobi bourse-listed Centum Investment Company #ticker:CTUM, said it is prepared to take as high as Sh6 billion should investors’ appetite exceed […]
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