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KCB and NBK material announcement
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KCB and NBK material announcement
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Ericsson
#81
Posted :
Friday, June 07, 2019 5:32:27 PM
Rank: Elder
Joined: 12/4/2009
Posts: 10,834
Location: NAIROBI
None of the directors in NBK hold shares in it.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VituVingiSana
#82
Posted :
Friday, June 07, 2019 5:37:40 PM
Rank: Chief
Joined: 1/3/2007
Posts: 18,423
Location: Nairobi
Ericsson wrote:
Horton wrote:
Ericsson wrote:
KCB Group CEO Joshua Oigara informed investors that they plan to fire NBKβs board and management team after they acquire the bank. βThe board does not intend to keep the management of NBK. The board has no intention of keeping the NBK board,β
ππ½ππ½ππ½ππ½ππ½ππ½
Including Francis Atwoli who is a board member at NBK.
That one might find his way onto KCB's board!
Greedy when others are fearful. Very fearful when others are greedy
-
to paraphrase Warren Buffett
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Horton
#83
Posted :
Friday, June 07, 2019 6:31:02 PM
Rank: Veteran
Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Ericsson wrote:
None of the directors in NBK hold shares in it.
Smart people
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FUNKY
#84
Posted :
Wednesday, June 12, 2019 12:28:42 PM
Rank: Veteran
Joined: 4/30/2010
Posts: 1,635
https://www.nation.co.ke..._twitter_impression=true
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Ericsson
#85
Posted :
Friday, June 14, 2019 7:26:36 PM
Rank: Elder
Joined: 12/4/2009
Posts: 10,834
Location: NAIROBI
Nbk shareholders unanimously approve conversion of preference shares to ordinary shares at the ratio of 1:1
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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obiero
#86
Posted :
Friday, June 14, 2019 7:49:07 PM
Rank: Elder
Joined: 6/23/2009
Posts: 14,443
Location: nairobi
Ericsson wrote:
Nbk shareholders unanimously approve conversion of preference shares to ordinary shares at the ratio of 1:1
Was there a choice?
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Horton
#87
Posted :
Friday, June 14, 2019 10:16:45 PM
Rank: Veteran
Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
obiero wrote:
Ericsson wrote:
Nbk shareholders unanimously approve conversion of preference shares to ordinary shares at the ratio of 1:1
Was there a choice?
Anyone read the budget? The treasury is going to try to repeal the rate cap again
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watesh
#88
Posted :
Saturday, June 15, 2019 12:11:25 AM
Rank: Veteran
Joined: 8/10/2014
Posts: 992
Location: Kenya
Horton wrote:
obiero wrote:
Ericsson wrote:
Nbk shareholders unanimously approve conversion of preference shares to ordinary shares at the ratio of 1:1
Was there a choice?
Anyone read the budget? The treasury is going to try to repeal the rate cap again
MPs are too stubborn to repeal this. But i like it when this debate dominates the news and they refuse. Banking stocks dip to some incredible discounts.
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Jon Jones
#89
Posted :
Saturday, June 15, 2019 1:26:18 AM
Rank: Member
Joined: 9/11/2015
Posts: 245
Location: Thika
What percentage will the government+parastatals own in KCB after the deal??
Since men have learned to shoot without missing, I have learned to fly without perching
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Ericsson
#90
Posted :
Saturday, June 15, 2019 7:11:20 AM
Rank: Elder
Joined: 12/4/2009
Posts: 10,834
Location: NAIROBI
Jon Jones wrote:
What percentage will the government+parastatals own in KCB after the deal??
28%
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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