More than half of stock prices at the Nairobi Securities Exchange (NSE) have yet to return to their pre-Covid-19 levels amid the full recovery of the bourse and economic revival from the pandemic-induced slump. Of the 58 actively traded counters, 31 are trading below their closing price on March 12, 2020, when Kenya announced the […]
Centum Investment Company Plc plans to take measures to address the firm’s undervaluation on the Nairobi Securities Exchange (NSE) where its stock trades at less than a third of the value of net assets. The company’s board of directors said at the virtual annual general meeting held on Friday that the big valuation gap has […]
Centum Investment Company Plc plans to sell part or all of its shareholding in its property development subsidiary Centum Real Estate Limited that was valued at Sh16.6 billion in the year ended March. The proposed transaction is expected to result in major capital gains for the Nairobi Securities Exchange-listed firm besides reducing the concentration of […]
The family of the late Chris Kirubi says it retains the businessman’s option to buy an additional 126.8 million shares in Centum Investment Company Plc with a current market value of Sh2.1 billion. Mr Kirubi had received approval from the Capital Markets Authority (CMA) to buy a total of 133 million Centum shares, arguing that […]
The family of the late Chris Kirubi says it retains the businessman’s option to buy an additional 126.8 million shares in Centum Investment Company Plc with a current market value of Sh2.1 billion. Mr Kirubi had received approval from the Capital Markets Authority (CMA) to buy a total of 133 million Centum shares, arguing that […]
Longhorn Publishers has posted KSh 7.5 million in net profit Sale of CBC books has also pushed the company to profitability This comes even as the Ministry of Education clashes with parents over implementation of CBC Centum Investment’s subsidiary Longhorn Publishers has recorded improved performance for the year ended June 2021, posting KSh 7.5 million […]
Centum Investment Company Plc plans to sell part or all of its shareholding in its property development subsidiary Centum Real Estate Limited that was valued at Sh16.6 billion in the year ended March. The proposed transaction is expected to result in major capital gains for the Nairobi Securities Exchange-listed firm besides reducing the concentration of […]
Centum Investment Company Plc plans to sell part or all of its shareholding in its property development subsidiary Centum Real Estate Limited that was valued at Sh16.6 billion in the year ended March. The proposed transaction is expected to result in major capital gains for the Nairobi Securities Exchange-listed firm besides reducing the concentration of […]
Centum Investment Company Plc #ticker:CTUM has reviewed taxes payable on its investment properties to Sh4 billion, raising the figure six times from the previous Sh669.9 million. The company says in its latest annual report that it used to assess tax payable on revaluation gains in its real estate portfolio based on the capital gain tax […]
Longhorn Publishers has posted KSh 7.5 million in net profit Sale of CBC books has also pushed the company to profitability This comes even as the Ministry of Education clashes with parents over implementation of CBC Centum Investment’s subsidiary Longhorn Publishers has recorded improved performance for the year ended June 2021, posting KSh 7.5 million […]
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