Analysts at the investment bank said the upcoming rights issue, which at Sh5 per share was priced at about 40.8 per cent premium over its market price at the time of the announcement, signals that a potential new investor could be eyeing a stake in the company.

“We think management could have identified a taker for the offer, which could see the controlling shareholder Etcoville Holdings increase its shareholding or a new shareholder introduced into the company,” said SIB’s market report.

Express or access?

the bloody thing is not worth even 3 bob, how now will they sell it at 5 bob

Express Kenya CEO's attempt to take over company flops
https://www.businessdail...AShAkn_J_2dyouJHQ%24%24[/quote]

@vvs, Maybe there's still hope for u guys trapped in Unga after all. Can you use your votes to avoid getting screwed??...or was the voting completed already??