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Centum HY17
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Pesa Nane
#21 Posted : Thursday, November 17, 2016 12:47:40 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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Ericsson
#22 Posted : Sunday, November 20, 2016 4:31:21 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
During the period the company closed an 18-month bridge facility of USD 30mn with FirstRand Bank limited .(through its Rand Merchant Bank Division) that was deployed towards funding capital investment.
The gearing position is projected to trend downwards by 31 March 2017 on the basis of investment disposals that are in the pipeline.
The group debt position is sh.19.327bn)
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Pesa Nane
#23 Posted : Wednesday, March 22, 2017 9:23:49 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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Ericsson
#24 Posted : Tuesday, April 04, 2017 5:50:38 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
SA's Distell acquires controlling stake at Kwal

The South African owner of Amarula and Viceroy brands is now majority owner of the Kenya Wine Agencies Ltd (Kwal) after buying out investment firm Centum in a deal estimated at Sh1 billion.

Distell on Tuesday announced it has acquired Centum’s entire 26.43 per cent stake in Kwal, bringing its ownership in the wine maker and alcoholic beverages marketer to 52.43 per cent.

http://www.businessdaily...7430-10out0rz/index.html
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Chaka
#25 Posted : Tuesday, April 04, 2017 7:56:44 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
Did Centum shareholders approve this deal?

[quote=Ericsson]SA's Distell acquires controlling stake at Kwal

The South African owner of Amarula and Viceroy brands is now majority owner of the Kenya Wine Agencies Ltd (Kwal) after buying out investment firm Centum in a deal estimated at Sh1 billion.

Distell on Tuesday announced it has acquired Centum’s entire 26.43 per cent stake in Kwal, bringing its ownership in the wine maker and alcoholic beverages marketer to 52.43 per cent.

http://www.businessdaily...430-10out0rz/index.html[/quote]
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Ericsson
#26 Posted : Tuesday, April 04, 2017 7:58:49 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Chaka wrote:
Did Centum shareholders approve this deal?

[quote=Ericsson]SA's Distell acquires controlling stake at Kwal

The South African owner of Amarula and Viceroy brands is now majority owner of the Kenya Wine Agencies Ltd (Kwal) after buying out investment firm Centum in a deal estimated at Sh1 billion.

Distell on Tuesday announced it has acquired Centum’s entire 26.43 per cent stake in Kwal, bringing its ownership in the wine maker and alcoholic beverages marketer to 52.43 per cent.

http://www.businessdaily...430-10out0rz/index.html[/quote]

DJ=Centum and Centum=DJ
Centum shareholders are just spectators.
Hakuna democracy huko
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Chaka
#27 Posted : Tuesday, April 04, 2017 8:04:29 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
Oh rearry..so can someone challenge this in court ama its a done deal?
I read somewhere some wazees pronounce Centum as Tethamu..
Ericsson wrote:
[quote=Chaka]Did Centum shareholders approve this deal
DJ=Centum and Centum=DJ
Centum shareholders are just spectators.
Hakuna democracy huko
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Angelica _ann
#28 Posted : Tuesday, April 04, 2017 8:12:20 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Now you know where the profits and cash to pay the hardworking Centum employees bonuses will come smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Chaka
#29 Posted : Tuesday, April 04, 2017 8:55:59 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
Including the CEO?
Angelica _ann wrote:
Now you know where the profits and cash to pay the hardworking Centum employees bonuses will come smile

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Ericsson
#30 Posted : Tuesday, April 04, 2017 10:20:46 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Plus debts are accruing very fast and they need the money to repay
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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