Nairobi Securities Exchange(NSE) recorded Kapchorua Tea Company as the top price gainer when trading ended this Wednesday. Kapchorua share price was up 10% to close at KSh 93.50 per share over the previous closing price of KSh 85.00 on Tuesday 13th, 2021. KAPC began 2021 with a share price of KSh 78.00 and has since […]
Tag: XNAI_SCAN
Scangroup seeks nod to further delay its results
WPP Scangroup CEO Bharat Thakrar. FILE PHOTO | NMG Marketing services firm WPP Scangroup has sought approval from the Capital Markets Authority (CMA) to delay publishing its annual results for the second time as investigation of its former executives continues. The company was required to announce its performance in the year ended December by April […]
Kenya Re, four other listed firms to delay financial results
Delegates during a Kenya Reinsurance Corporation (Kenya Re) investors briefing on August 2, 2019. FILE PHOTO | SALATON NJAU | NMG Five Nairobi Securities Exchange (NSE)-listed firms have announced delaying the release of their full-year results citing the need for more time to complete audit processes. Kenya Reinsurance Corporation (Kenya Re) is the latest company […]
Bharat Thakrar resigns from WPP Scangroup
•He listed the company on the Nairobi Stock Exchange through an initial public offer in 2006 •In his 40 years in the industry, his companies have created some of the most memorable advertising campaigns WPP Scangroup has accepted the resignation of Bharat Thakrar as Chief Executive of the company. “Bharat Thakrar has resigned as the […]
Bharat Thakrar officially resigns as Scangroup CEO and board member
Scangroup has announced the official resignation of Mr. Bharat Thakrar. Mr. Thakrar tendered his resignation as CEO and board member, which the board has accepted. He has also resigned a director of the Company’s subsidiaries and affiliates. The resignation comes after an announcement was made by the Company dated 18th February 2021 . The announcement […]
Bharat Thakrar resigns as WPP Scangroup CEO amid probe
WPP Scangroup CEO Bharat Thakrar, who has resigned following misconduct allegations. PHOTO | FILE Bharat Thakrar resigns as WPP Scangroup CEO and board member following his suspension over alleged gross misconduct last month. In a statement, Scangroup board announced that it had received Bharat’s resignation letter and accepted it. “The Chief Executive Officer, Mr Bharat […]
Bharat Thakrar Resigns as WPP Scangroup CEO and Board Member
– A month after Scangroup founder and CEO Bharat Thakrar was suspended, he has officially tendered his resignation – Bharat was suspended alongside chief finance officer Satyabrata Das over allegations of gross misconduct as senior executives of the marketing agency – The board has appointed chief operating officer Alec Graham to act as CEO for […]
Suspended Scangroup CEO Bharat Thakrar resigns over gross misconduct
•Thakrar also resigned as director of the company’s subsidiaries and affiliates. •In a statement on Wednesday, the board said the investigation into the allegations of gross misconduct and possible offenses against the two executives will continue despite the resignation. Immediate SCANGROUP CEO Bharat Thakrar WPP Scangroup Plc founder and Chief Executive Officer Bharat Thakrar has […]
Suspended Scangroup founder Bharat Thakrar resigns as CEO
WPP Scangroup’s #ticker:SCAN founder and long-serving chief executive Bharat Thakrar, who had been suspended last month from the marketing services firm over unspecified allegations of gross misconduct, has resigned. Mr Thakrar, 69, was suspended alongside the chief finance officer Satyabrata Das, on February 18. “The company announces that the chief executive officer, Mr Bharat Thakrar, […]
Kenya: Bharat Thakrar Resigns as WPP Scangroup CEO Amid Probe
Bharat Thakrar resigns as WPP Scangroup CEO and board member following his suspension over alleged gross misconduct last month. In a statement, Scangroup board announced that it had received Bharat’s resignation letter and accepted it. "The Chief Executive Officer, Mr Bharat Thakrar, has tendered his resignation as CEO and board member, which the Board has […]