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Burning Spear
#41 Posted : Friday, February 11, 2011 10:22:08 AM
Rank: Veteran


Joined: 7/22/2008
Posts: 1,139
ecstacy wrote:
KQ should definitely rally from current share price..good results expected, how good and the effect we shall see...planned listing of Britak will impact on EB & HF, how? waiting to see. Definitely holding.



Could you be having more details on the planned listing of Britak.
when are they expected to list.
"You're not supposed to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who says it". Malcolm X
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ecstacy
#42 Posted : Friday, February 11, 2011 11:29:17 AM
Rank: Elder


Joined: 2/26/2008
Posts: 4,449
They are seeking to raise Ksh. 6-7 billion from the share sale for expansion into the EAC away from the existing Uganda interest. Deciding % btwn 25-40%. List on the MIMS. Scheduled to happen by the end of June 2011 if all goes well. SIB & Kestrel are the joint lead sponsoring stock brokers with PWC as reporting accountants. Scanad Kenya with Hill & Knowlton (EA) take the Advertising & PR roles. Legal advisers are Daly & Figgis Advocates. Joint lead transaction advisers are KPMG Kenya & NIC Capital.
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youcan'tstopusnow
#43 Posted : Friday, February 11, 2011 12:30:54 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Is anyone else noticing how listing of 'connected' companies is being fastracked? Previous IPO's took long to arrange. Now all of a sudden tunaona Kisumu Molasses Plant, Transcentury, Britak... Ama CMA has become more efficient?;-)
GOD BLESS YOUR LIFE
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