The last time the share traded was on July 27, 2017 when 100 shares exchanged hands. [Courtesy] It introduced itself to the public as the pioneer listed company with a focus on attracting Islamic investors into the capital markets. On November 13, 2014, Kurwitu Ventures was listed on the Nairobi Securities Exchange (NSE) with its […]
Tag: XNAI_KURV
Why NSE listing drought may persist
NSE Chief Executive Geoffrey Odundo. [David Gichuru, Standard] After four years, Homeboyz Entertainment seems to have ended the listing drought at the Nairobi Securities Exchange (NSE), becoming the first entertainment firm to join the bourse. The listing by way of introduction came through the Growth Enterprise Market Segment (Gems). Gems was set up in 2013, […]
Kenya: Rabars Reveals Sh294m Net Worth in Homeboyz
The Rabar family has revealed its Sh294.5 million fortune in Homeboyz Entertainment (HBE) as they defied Covid-19 headwinds to list the company on the Nairobi bourse yesterday. The listing statement puts each share of the company at Sh4.66 with the former DJ-turned entertainment and events organiser Myke Rabar holding 35.612 million shares worth Sh165.95 million. […]
Rabars reveals Sh294m net worth in Homeboyz
The Rabar family has revealed its Sh294.5 million fortune in Homeboyz Entertainment (HBE) as they defied Covid-19 headwinds to list the company on the Nairobi bourse yesterday. The listing statement puts each share of the company at Sh4.66 with the former DJ-turned entertainment and events organiser Myke Rabar holding 35.612 million shares worth Sh165.95 million. […]
Long wait for shareholders of companies suspended from bourse
Investors at the Nairobi Securities Exchange (NSE) will have to wait longer to know the fate of their funds locked in firms suspended from trading. According to the Capital Markets Authority’s (CMA) quarterly report for the three months ending June this year, a total of six companies out of the 64 listed ones remain suspended […]
Long wait for shareholders of companies suspended from bourse
Investors at the Nairobi Securities Exchange (NSE) will have to wait longer to know the fate of their funds locked in firms suspended from trading. According to the Capital Markets Authority’s (CMA) quarterly report for the three months ending June this year, a total of six companies out of the 64 listed ones remain suspended […]
Long wait for shareholders of companies suspended from bourse
Investors at the Nairobi Securities Exchange (NSE) will have to wait longer to know the fate of their funds locked in firms suspended from trading. According to the Capital Markets Authority’s (CMA) quarterly report for the three months ending June this year, a total of six companies out of the 64 listed ones remain suspended […]
CMA looks to limit role of nominated advisers
CMA director of policy and regulation Luke Ombara. FILE PHOTO | NMG The Capital Markets Authority (CMA) wants to drop the regulation requiring firms listing on the Nairobi bourse through the Growth Enterprise Market Segment (GEMS) to have nominated advisors throughout their listing period. The CMA says that it is revising the current Capital Markets […]