Sabis International School at Runda in Nairobi. PHOTO | SALATON NJAU | NMG A leading international school partly owned by Centum Investments , Investbridge Capital, and SABIS has won a Sh3.1 billion tax dispute with the Kenya Revenue Authority (KRA) over the construction of the school in Kiambu county. The taxman had dismissed a Sh3.1 […]
Tag: XUGA_CENT
Centum RE set to raise Sh17bn in listing plan
Centum’s #ticker:CTUM real estate arm is seeking to raise Sh17 billion in equity investment from Luxembourg-based private equity firm GEM Global Yield, with the fund effectively underwriting the planned listing of the property developer. Centum Real Estate said on Tuesday that it will control the timing and the size of drawdowns from the fund which […]
Kenya: Centum Re Secures Shs17bn Investment From Gem As It Eyes More Investors
Nairobi — Centum Real Estate Limited, a wholly-owned subsidiary of Centum Investment company has signed an agreement with GEM Global yield, the Luxembourg-based private alternative investment group, to provide Centum Real Estate with a share subscription facility of up to Shs17 billion for a 36-month term. The equity investment which is subject to Centum’s public […]
Consultancy firm demands share of Centum’s Sh17 billion deal
Centum Group CEO James Mworia during a past investor briefing/ A financial consultancy that helped Centum Investment Company’s real estate subsidiary Centum Real Estate to raise Sh17 billion through the issuance of new shares wants a share of the money. Raisin Limited has written to Centum Development Kenya Limited stating it had entered an agreement […]
Centum RE secures Shs17bn investment from GEM as it eyes more investors
Managing Director of Centum Plc, James Mworia NAIROBI, Kenya Jan 11 -Centum Real Estate Limited, a wholly-owned subsidiary of Centum Investment company has signed an agreement with GEM Global yield, the Luxembourg-based private alternative investment group, to provide Centum Real Estate with a share subscription facility of up to Shs17 billion for a 36-month term. […]
KMRC seeks Sh1.4 billion from first corporate bond
The Kenya Mortgage Refinance Company (KMRC) is targeting to raise an initial Sh1.4 billion in its bond issuance that will eventually see the company take a total of Sh10.5 billion for onward lending to financial institutions. The company on Wednesday received approval from the Capital Markets Authority (CMA) to roll out the medium-term bond programme. […]
KMRC seeks Sh1.4 billion from first corporate bond
The Kenya Mortgage Refinance Company (KMRC) is targeting to raise an initial Sh1.4 billion in its bond issuance that will eventually see the company take a total of Sh10.5 billion for onward lending to financial institutions. The company on Wednesday received approval from the Capital Markets Authority (CMA) to roll out the medium-term bond programme. […]
KMRC to float Sh10.5bn bond to lower mortgage rate
National Housing Cooperation houses in Kilimani, Nairobi /JACK OWUOR Kenya Mortgage Refinance Company (KMRC) can now float Sh10.5 billion Medium-Term Note after clearance by the Capital Markets Authority’s (CMA). The state-owned mortgage financier plans to issue the private bond in several tranches, starting with one for Sh1.4 billion which will be disbursed to participating primary […]
Centum RE secures Shs17bn investment from GEM as it eyes more investors
Managing Director of Centum Plc, James Mworia NAIROBI, Kenya Jan 11 -Centum Real Estate Limited, a wholly-owned subsidiary of Centum Investment company has signed an agreement with GEM Global yield, the Luxembourg-based private alternative investment group, to provide Centum Real Estate with a share subscription facility of up to Shs17 billion for a 36-month term. […]
Kenya: Centum Re Secures Shs17bn Investment From Gem As It Eyes More Investors
Nairobi — Centum Real Estate Limited, a wholly-owned subsidiary of Centum Investment company has signed an agreement with GEM Global yield, the Luxembourg-based private alternative investment group, to provide Centum Real Estate with a share subscription facility of up to Shs17 billion for a 36-month term. The equity investment which is subject to Centum’s public […]