... in the next few weeks ... June 2012

*It will list by introduction 58,500,000 ordinary shares of Sh1 each on the Alternative Market Segment of the NSE.

*Before the move to go public via the NSE, the shares were trading on the Over-the-Counter (OTC) market at the Sh66-price range.

*Listed investment company Centum is Longhorn’s lead investor with a 35 per cent stake which it bought in 2008 for Sh241 million.

*Businessman and Tetu MP Francis Nyammo is the second largest shareholder with an 11 per cent stake while Mureka Investments controls 2.7 per cent of the firm’s shares. Other top shareholders include Kamami Investments with 2.1 per cent and Text Book Centre with two per cent.

*Net profits soared to Sh146 million last year, about six times more than the Sh22 million it made in the 2010 financial year

http://www.businessdailyafrica....0/-/u1rwelz/-/index.html

So much activity in the NSE gets one thinking what are they seeing/trying to do.

Nyammo?

The chap behind the failure of Kenya Finance Bank?
The chap whose activities almost closed down Pan African Insurance (then sold to Sanlam of SA)

BTW, if Centum is selling, be cautious. They sold out of Neveready. We know where it is now!

I am not touching this with a 10-foot pole! Let me stick with Aga Khan firms or KEKE...!

Those holding the shares from OTC, share the Annual Reports we comb them out

Im waiting for deacons IPO in July...