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Kapchorua rights issue?? Close/payment date?
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zizzi
#1 Posted : Friday, June 26, 2015 7:55:34 PM
Rank: New-farer

Joined: 3/2/2011
Posts: 33
Location: Nbi
Kapchorua doing a rights issue??

Williamson just announced a bonus dividend...but sister company Kapchorua is carrying out a rights issue? Have any of you got any info on this? Kapchorua has run out of cash or what?
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  | | Edit by moderator: Monday, July 20, 2015 8:14 PM | Reason: Topics merged
sparkly
#2 Posted : Saturday, June 27, 2015 9:00:37 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
zizzi wrote:
Williamson just announced a bonus dividend...but sister company Kapchorua is carrying out a rights issue? Have any of you got any info on this? Kapchorua has run out of cash or what?

What for? To buy fertilizers and seedlings or to invest in a new project??
Life is short. Live passionately.
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zizzi
#3 Posted : Saturday, June 27, 2015 11:26:10 AM
Rank: New-farer

Joined: 3/2/2011
Posts: 33
Location: Nbi
sparkly wrote:
zizzi wrote:
Williamson just announced a bonus dividend...but sister company Kapchorua is carrying out a rights issue? Have any of you got any info on this? Kapchorua has run out of cash or what?

What for? To buy fertilizers and seedlings or to invest in a new project??


I have no idea - thats why I am asking...
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jerry
#4 Posted : Saturday, June 27, 2015 5:00:02 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
zizzi wrote:
Williamson just announced a bonus dividend...but sister company Kapchorua is carrying out a rights issue? Have any of you got any info on this? Kapchorua has run out of cash or what?

What's "a bonus dividend"?
The opposite of courage is not cowardice, it's conformity.
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sparkly
#5 Posted : Saturday, June 27, 2015 5:50:59 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
zizzi wrote:
Williamson just announced a bonus dividend...but sister company Kapchorua is carrying out a rights issue? Have any of you got any info on this? Kapchorua has run out of cash or what?


Tell us if you hear anything.
Life is short. Live passionately.
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VituVingiSana
#6 Posted : Saturday, June 27, 2015 6:51:15 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,350
Location: Nairobi
zizzi wrote:
Williamson just announced a bonus dividend...but sister company Kapchorua is carrying out a rights issue? Have any of you got any info on this? Kapchorua has run out of cash or what?

Puhleeze. Stop spreading rumors! Liar Liar Liar Shame on you Shame on you Shame on you
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Pesa Nane
#7 Posted : Saturday, June 27, 2015 9:44:53 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
zizzi wrote:
Williamson just announced a bonus dividend d'oh! Asi! ...but sister company Kapchorua is carrying out a rights issue? d'oh! Have any of you got any info on this? Kapchorua has run out of cash or what?


Read HERE
Pesa Nane plans to be shilingi when he grows up.
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Sam_Kibs
#8 Posted : Monday, July 20, 2015 8:57:50 AM
Rank: New-farer

Joined: 7/1/2015
Posts: 67
KAPCHORUA BONUS SHARE CLOSURE & DIVIDENDS PAYMENT DATE

Hey wazuans.

any body with an idea of the closure date for the kapchorua bonus share issue closure date?

when are they crediting their dividends or the mode of payment.

will really appreciate
“It’s no good, it’s no good!” says the buyer—
then goes off and boasts about the purchase-Proverbs 20:14
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  | | Edit by moderator: Monday, July 20, 2015 5:45 PM | Reason: Topics merged
VituVingiSana
#9 Posted : Monday, July 20, 2015 2:58:38 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,350
Location: Nairobi
Sam_Kibs wrote:
Hey wazuans.

any body with an idea of the closure date for the kapchorua bonus share issue closure date?

when are they crediting their dividends or the mode of payment.

will really appreciate
Dividends 3-5 Aug but bonus depends on the lazy folks at CMA. Why does it need CMA's approval makes no sense... Dividends don't need their OK so why splits/bonuses?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Pesa Nane
#10 Posted : Monday, July 20, 2015 5:40:44 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
VituVingiSana wrote:
Sam_Kibs wrote:
Hey wazuans.

any body with an idea of the closure date for the kapchorua bonus share issue closure date?

when are they crediting their dividends or the mode of payment.

will really appreciate
Dividends 3-5 Aug but bonus depends on the lazy folks at CMA. Why does it need CMA's approval makes no sense... Dividends don't need their OK so why splits/bonuses?

This time the lazy CMA are not in picture. Bonus was pending consideration and ratification by shareholders during the AGM (happened 15 July 2015)
Pesa Nane plans to be shilingi when he grows up.
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