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 SharesBy Njeri Ngugi, 16 November 2012
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