Reading an undesirable message from this counter. The bond that was intended to raise KES 5B (including greenshoe option). Initially they issued it via private placement but only achieved to raise KES 3,167,900,000. They run to Wanjiku but only managed to get an additional KES 1B meaning the bond was still undersubscribed at the end of day. Now they are talking of going big in REITS, sale of development rights and whatnots. Worse, this money is being invested left right, ce… aiiii!!!
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