Nairobi Business Ventures to List Shares on Kenyan Exchange

June 14, 2016

Leather retailer to list 23.6m shares, or 23.7% of issued share capital, on Growth Enterprise Market Segment, company says in statement e-mailed by Nairobi Securities Exchange.

* Raised 28m shillings from 26 shareholders;
* CBA Capital nominated adviser;
* Listing on June 21;
* Company plans to roll out 8 to 12 retail outlets in major towns over next 5 yrs. Source: Bloomberg