moneydust wrote:Ericsson wrote:@Moneydust
No need of arguing on things which have no basis.
I have pasted for you as below the list of top ten shareholders of kengen as at this year when they were allocating shares to PIC.
Indicate to me who NSSF is
Link to the list is as below;
http://www.kengen.co.ke/...llotment%20to%20PIC.PDF
//I know the name and custodial account NSSF Kenya normally uses.
Indicate to me the one u know Standard Chartered Account KE11450-64,702,437 shares.This is just one account,there are others.
NSSF normally uses Standard Chartered A/C 9230 which was transferred to Stanchart when Barclays sold its custodial business to Stanchart.
If you check the annual results for KENGEN 2015 you will find it there at position 3 but in 2016 it's out.
If you look at other companies where NSSF has shareholding like BBK,Stanchart,NMG,ARM you will find that account number.
Even when NSSF had shares in Safaricom that number you will find it.
NSSF was stopped from having multiple accounts after the Discount Securities fiasco where more than a bn of workers money was lost.
That number you have quoted I highly doubt it's NSSF
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle