CfC Stanbic Holdings new shares begun trading at the Nairobi Securities Exchange today following a successful Rights Issue which saw the offer subscribed by 112 per cent. CfC Stanbic Holdings Chairman Fred Ojiambo said the proceeds from the cash-call would go towards helping the financial services firm boost its business in both Kenya and South Sudan.
The Star (Nairobi)
Kenya: CFC Trades New Shares
By Njeri Ngugi, 16 November 2012Copyright © 2012 The Star. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.
AllAfrica aggregates and indexes content from over 130 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.
Comments Post a comment