Joint firm intention announcement in respect of a Scheme of Arrangement and proposed delisting of Accentuate Limited ACCENTUATE LIMITED Pruta Securities (Jersey) Limited (Incorporated in the Republic of South Africa) (Incorporated in Jersey) (Registration number 2004/029691/06) (Registration Number: 8465) JSE Share code: ACE ISIN: ZAE000115986 (“Pruta” or “the Offeror”) (“ACE” or “the Company” or “the […]
Dr. James Mwangi, Equity Group CEO addresses shareholders at Equity Group’s 16th Annual General Meeting in Nairobi . [Wilberforce Okwiri] Forget reinventing the wheel. If you want to make money at the stock exchange, then follow these 12 savviest investors whose collective investment in the top 20 listed companies is valued at Sh25.6 billion. They […]
American conglomerate General Electric (GE) will walk away from an agreement to build Lamu’s 1,050-megawatt coal-fired power plant as it shifts to renewable energy. The move marks the latest setback for the proposed project by Amu Power, a joint venture in which Centum Investment Company is the majority shareholder with a 51 percent stake. “GE […]
Flame Tree Group (FTG) intends to issue a corporate bond to fund growth despite the reduced investor appetite following loss of money in Chase and Imperial bank securities. Chief executive Heril Bangera says in the latest annual report the firm is working on issuing the bond to help the Nairobi Securities Exchange-listed firm grow. Mr […]
Billionaire investor Chris Kirubi. FILE PHOTO | NMG Billionaire investor Chris Kirubi is yet to start buying additional shares in Centum Investment Company after announcing on March 23 that he would spend about Sh2.7 billion to acquire an extra 20 percent stake in the company. August regulatory filings show that the businessman still maintained a […]
Centum’s chief executive James Mworia. FILE PHOTO | NMG Centum Investment Company is selling land and property valued at Sh12 billion to reduce its exposure to the real estate market which has risen to represent 65 percent of its total assets in the year ended March. The company says in its latest annual report that […]
Chief executive at Centum James Mworia. FILE PHOTO | NMG Centum Investment is preparing for reduced dividend payout from its portfolio companies such as Longhorn Publishers as they step up cash preservation measures in the prevailing Covid-19 environment. Chief executive at Centum James Mworia says in the latest annual report that Covid-19 has hurt the […]
Centum Investment Company CEO James Mworia at a past results briefing. FILE PHOTO | NMG Centum Investment Company agreed to compensate the buyer of its Coca-Cola beverage businesses to the tune of $34.4 million (Sh3.7 billion) representing tax demands by the Kenya Revenue Authority (KRA). The Nairobi Securities Exchange-listed firm sold its stakes in Almasi […]
Centum Investment Company Plc will hold its 2021 Annual General Meeting on 24th September 2021 by electronic means
Centum Investment CEO James Mworia. FILE PHOTO | NMG Centum Investment real estate arm has launched a Sh7 billion real estate project to construct apartments in Kasarani, Nairobi. The firm said Monday that the project involves 268 units dubbed ‘265 Elmer One Apartments’ as it eyes to attract house seekers in the area that is […]
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