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Coop Bank FY17
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Ebenyo
#41 Posted : Thursday, June 07, 2018 5:25:53 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
obiero wrote:
Ericsson wrote:
Ebenyo wrote:
Ericsson wrote:
Ericsson wrote:
winmak wrote:
Angelica _ann wrote:
Ericsson wrote:
Dividend book closure pushed to 30 May 2018


Any reason why?


Possibly to postpone the inevitable price drop that comes after, especially now that the index is on a dive


PUBLIC ANNOUNCEMENT
The Bank hereby clarifies that the proposed dividend payment will be paid to the shareholders registered in the Bank’s Register at the close of business on 30th May, 2018.
The Register will remain closed for one day on 31st May, 2018 for preparation of dividend warrants.
This public announcement supercedes any other notice previously issued.
By Order of the Board
Samuel M. Kibugi
Company Secretary
3rd May, 2018
Co-operative Bank of Kenya Ltd is regulated by the Central Bank of Kenya


Dividend payment date 29 June 2018



This change of dividend dates was not communicated adequately.i have been checking my account balance since 31st may but nothing.kumbe walichange?


You are in wazua and it was communicated here the new dividend payment date.Ungesoma before doing checking your account balance unnecessarily.

Lol


Atleast this is the stock i know ericson owns plus cic.the rest of his portfolio sijui.
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Ericsson
#42 Posted : Tuesday, June 26, 2018 10:05:27 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
https://www.businessdail...408-12vomkez/index.html

Co-operative Bank has filed an application to set aside the deal that would have seen the contractor get residential apartments, bedsitters and houses as settlement for outstanding debts.

The bank argues that all the properties are registered in its favour as security for a Sh1.1 billion mortgage loan borrowed by Suraya (Susan and Muraya) Property Group.

Eternal Foundation Construction had filed the case in February seeking to wind up Sucasa and Encasa West, which are associated with the Suraya Property Group, over more than Sh53 million debt.

As per the consent dated April 27, Sucasa had agreed to surrender 21 studio apartments, 17 one-bedroom apartments and three bed sitters to Eternal Foundation Construction to settle the winding up suit.
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