I don't see how it ties up with HF

Let me leave this here https://www.standardmedi...illion-project-to-buyers

Only 248 units. GoK is on course to deliver 228 units by September under AHP. I now see why cartels are fighting AHP so much. It will shake the market

No shaking will happen. GoK will deliver the first AHP unit by 2025!

https://www.businessdailyafrica.com/corporate/companies/HF-prepares-for-capital-raise-with-Sh2-5bn-shares/4003102-5118778-vr6anpz/index.html
Mortgage financier HF Group has created new 500 million ordinary shares valued at Sh2.5 billion, making room for for capital raising in the future.

The new authorised shares were approved by shareholders during the recent annual general meeting, doubling the mortgage lender’s units of authorised stock to one billion and and taking the nominal share capital to Sh5 billion.
Chief executive Robert Kibaara told Business Daily that the new shares will remain unissued for now since HF has no immediate need for capital but they will be crucial when needed.

“We created them so that should we reach a point where we want to get into capital rising, then we will have the hurdle already done. Right now, we are not in the process of raising any core capital,” said Mr Kibaara.

“For purposes of growth ambitions that we have under the new strategy approved in January, we will need more capital and that is why we took this first step.”

Very interesting!

Rights issue is imminent/unavoidable.
Someone taking up positions

Meanwhile Githeri, the looting bankster who 'early retired' from the bankrupted former gem on medical grounds is busy offering himself for re-election at Flame Tree. Ama hii ndiyo lighter duties? NKT! BK! MYK!



#Nyang'au

Disclosures in HF’s annual report for 2018 show that it has an outstanding balance of Sh1.49 billion on a loan owed to Crescent Finco LLP, which it is servicing at an annual rate of 18.5 percent.
HF group’s fully owned subsidiary HF Development and Investment Limited, which was formerly known as Kenya Building Society, is servicing a loan taken up from Shelter Afrique in 2015 at 18.7 percent, with a balance of Sh454 million outstanding at the end of last year.
HF also holds a short term loan facility of Sh516.3 million from fellow listed lender NIC Bank , for which it is paying interest at 14 percent per annum.

https://www.businessdail...21926-8xuxwj/index.html 🙊🙊🙊

If someone needs the interest rate cap lifted, it is HF.
Where's Daddy Britam to help out the kitoto who is borrowing at 18%?