NSE lifts Nairobi Business Ventures shares suspension

NSE lifts Nairobi Business Ventures shares suspension

NAIROBI, KENYA: The Nairobi Securities Exchange (NSE) has lifted the suspension in trading of Nairobi Business Ventures (NBV) Ltd securities. This follows the suspension of trading effected on the security mid last month to allow for the completion of the company’s restructuring exercise. This includes a share split, allotment and issuance of shares to Delta […]

Kenya: Nairobi Business Ventures Sets Its Sight on the Infrastructure Sector

Kenya: Nairobi Business Ventures Sets Its Sight on the Infrastructure Sector

Nairobi — Nairobi Business Ventures Limited has listed an additional 415 Million shares completing its restructuring process and the onboarding of a new investor, Delta International (FZE). Following the restructuring, Nairobi Business Ventures (NBV) will now focus on manufacturing, importing, and selling raw materials used by cement and steel processors and other companies in the […]

Nairobi Business Ventures shares back on NSE after Sh83m buyout deal

Nairobi Business Ventures shares back on NSE after Sh83m buyout deal

The Nairobi Securities Exchange #ticker:NSE has lifted the suspension of trading of shares of former shoe-seller, Nairobi Business Ventures (NBV), following the conclusion of a Sh83 million buyout deal by Dubai-based Delta International FZE. NSE said in a Monday statement that the shares will now resume trading following a half month suspension that allowed for […]

NSE extends NBV suspension until restructuring is completed

NSE extends NBV suspension until restructuring is completed

PHOTO. | File The Nairobi Securities Exchange (NSE) has extended the suspension of Nairobi Business Ventures (NBV) from trading on the bourse. NSE says the extension will allow for completion of the company’s restructuring process that includes a share split, allotment, and issuance of shares to Delta International FZE. A notice from the securities exchange […]