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E A Portland suspended from trading
Sober
#1 Posted : Tuesday, December 27, 2011 9:24:39 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
the trend is worrying....
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
youcan'tstopusnow
#2 Posted : Tuesday, December 27, 2011 9:32:45 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
It barely traded much anyway...
GOD BLESS YOUR LIFE
guru267
#3 Posted : Wednesday, December 28, 2011 8:28:01 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the public owns only 6% of EAPCC... Alot of these are held by kenya re.. They must definitely have less than 100 shareholders..
Mark 12:29
Deuteronomy 4:16
Sober
#4 Posted : Wednesday, December 28, 2011 8:51:16 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
below is the breakdown for the 90 million shareholding structure as per 30th June 2009
SHAREHOLDER %HOLDING NO.OF SHARES HELD NSSF 27.0% 24,300,000
GOK 25.3% 22,799,505
CEMENTIA(LAFARGE) 14.6% 13,180,442
BCI 14.6% 13,144,442
BAMBURI(NOMINEES) 12.5% 11,265,068
OTHERS 6.0% 5,310,543
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Sober
#5 Posted : Wednesday, December 28, 2011 8:54:40 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
guru267 wrote:
the public owns only 6% of EAPCC... Alot of these are held by kenya re.. They must definitely have less than 100 shareholders..


With 5 heads having confirmed 94% control. There is very little 'public' thing in this company. The suspensiom will help the counter not lose market capitalisation considering the volatile market.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Gordon Gekko
#6 Posted : Wednesday, December 28, 2011 2:12:21 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
guru267 wrote:
the public owns only 6% of EAPCC... Alot of these are held by kenya re.. They must definitely have less than 100 shareholders..


Which means that with my 100 shares Im a top 100 shareholder smile Nani kama mimi?
VituVingiSana
#7 Posted : Wednesday, December 28, 2011 7:49:09 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
I think some GoK folks have 'grabbed' the land EAPCC owns. If this info comes out before the elections, it could cause discomfort to many corrupt politicians.

I hope this can of worms bursts open for all to see!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Gordon Gekko
#8 Posted : Wednesday, December 28, 2011 9:07:39 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
@vvs, not so fast. Follow the guys cv, find out why he was hounded out of KRA, then superimpose that to the adage 'a leopard never changes his spots'.
guru267
#9 Posted : Wednesday, December 28, 2011 9:43:21 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
The CMA official statement is that NSSF has not sold any of its 27% stake in EAPCC and the company still remains a Government owned firm..

www.businessdailyafrica....90/-/1pwtbd/-/index.html
Mark 12:29
Deuteronomy 4:16
GenghisCapitalLtd
#10 Posted : Thursday, December 29, 2011 9:37:28 AM

Rank: Bona-fide

Joined: 11/2/2011
Posts: 191
Location: Nairobi
Gordon Gekko wrote:
guru267 wrote:
the public owns only 6% of EAPCC... Alot of these are held by kenya re.. They must definitely have less than 100 shareholders..


Which means that with my 100 shares Im a top 100 shareholder smile Nani kama mimi?

Laughing out loudly Laughing out loudly But in all seriousness why are we having scandal after scandal, this is unbelievably uneasy.
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