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 […]
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Centum Real Estate to issue KSh4bn project bond
Centum Real Estate managing director Samuel Kariuki. Centum Real Estate Limited, a subsidiary of the NSE listed Centum Investment Company Plc, is looking to float a KSh4bn project bond to finance its ongoing housing construction projects. Proceeds from the bond will be allocated exclusively to the subsidiary’s ongoing affordable, middle-income and high-end housing projects in […]
Amu Power in talks to revive Lamu coal plant project
Activists outside the Supreme Court in Nairobi after the National Environmental Tribunal blocked the construction of Lamu coal power plant on June 26, 2019. AFP PHOTO | NMG Amu Power is in talks with its partners in the stalled 1,050-megawatt coal-fired power plant in Lamu with a view to advance the project. The venture has […]
Flame Tree Group Ends Wednesday As Top Gainer Of The Day
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 […]
Top 5 Gainers, Losers And Movers Of The Day At The NSE On Tuesday
Tuesday, November 3, 2020: The top gainer of the day was Olympia Capital with 9.74 percent at the price of 2.14 shillings per share followed by Eveready East Africa with 7.07 percent at the price of 1.06 shillings per share. The East African Cables and Bamburi Cement gained 6.04 and 5.26 percent at the price […]
Centum Real Estate to issue Sh4 billion project bond
Centum Investment CEO, Dr James Mworia (centre) admires the artistic model of Sabis International School, Runda during the launch of the school at Two Rivers Mall. [Photo: FILE] Centum Investment plans to raise Sh4 billion from local investors to finance the ongoing housing projects in Kenya To be floated through its development subsidiary Centum Real […]
Centum real estate unit gears up for Sh4bn housing bond
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 […]
Centum unit lines up Sh4b bond for housing projects
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 […]
Centum Real Estate to issue KSh4bn project bond
Centum Real Estate managing director Samuel Kariuki. Centum Real Estate Limited, a subsidiary of the NSE listed Centum Investment Company Plc, is looking to float a KSh4bn project bond to finance its ongoing housing construction projects. Proceeds from the bond will be allocated exclusively to the subsidiary’s ongoing affordable, middle-income and high-end housing projects in […]
Amu Power in talks to revive Lamu coal plant project
Activists outside the Supreme Court in Nairobi after the National Environmental Tribunal blocked the construction of Lamu coal power plant on June 26, 2019. AFP PHOTO | NMG Amu Power is in talks with its partners in the stalled 1,050-megawatt coal-fired power plant in Lamu with a view to advance the project. The venture has […]