https://www.businessdailyafrica.com/bd/corporate/companies/kirubi-buys-sh92m-centum-shares-3269828Billionaire investor Chris Kirubi has purchased an additional 5.75 million shares of Centum Investment Company with a current market value of Sh92.2 million, embarking on his goal of acquiring an extra 20 per cent stake in the Nairobi Securities Exchange-listed firm.
The businessman announced on March 23 last year that he would build his stake to 49.99 per cent from the 30 per cent he held at the time, with the move coming after the share price fell further as the Covid-19 pandemic induced panic trades at the Nairobi bourse.
Latest regulatory filings show that the businessman’s holding of Centum shares had risen to 205.9 million as of December 2020 equivalent to a 30.9 per cent stake.
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