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CMA approves Crown Paints Kenya rights issue


The Capital Markets Authority (CMA) has granted approval to Crown Paints Kenya to undertake a rights issue to raise Ksh711,810,000 by issuing and listing 71,181,000 new ordinary shares on the Nairobi Securities Exchange. The rights will be issued on the basis of one new ordinary share for every one existing share.
According to the Information Memorandum, the main aim of the rights issue is to give the company financial flexibility to mitigate the challenges posed by the ongoing Covid-19 pandemic and boost the growth strategy for the company. The Group’s management plans to use the rights issue funds to facilitate development of new products, retiring of current facilities, and funding regional expansion. ....

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Kenya Re, four other listed firms to delay financial results


Kenya Re, four other listed firms to delay financial results
Tuesday May 11 2021
Delegates during a Kenya Reinsurance Corporation (Kenya Re) investors briefing on August 2, 2019. FILE PHOTO | SALATON NJAU | NMG
By PATRICK ALUSHULA
Five Nairobi Securities Exchange (NSE)-listed firms have announced delaying the release of their full-year results citing the need for more time to complete audit processes. 
Kenya Reinsurance Corporation (Kenya Re) #ticker:KNRE is the latest company to announce the delay beyond the 30th April deadline that is required of listed firms whose financial year ends in December.
The reinsurer says it has sought and obtained approval from the Capital Markets Authority (CMA) to publish the results by end of May on the back of a change in valuation of unearned premium and claims. ....

Nairobi Area , Bharat Thakrar , Kenya Reinsurance Corporation Re , Insurance Regulatory Authority Kenya , Capital Markets Authority , Nairobi Securities Exchange , Reinsurance Corporation , Crown Paints Kenya , East African Cables , Home Afrika , East African , நைரோபி பரப்பளவு , பாரத் தக்ரர் , கேந்ய மறுகாப்பீடு நிறுவனம் ரே , காப்பீடு ஒழுங்குமுறை அதிகாரம் கேந்ய , மூலதனம் சந்தைகள் அதிகாரம் , நைரோபி பத்திரங்கள் பரிமாற்றம் , மறுகாப்பீடு நிறுவனம் , கிரீடம் வண்ணப்பூச்சுகள் கேந்ய ,

Global Bituminous Paints Market Size, Growth Factors 2021: Latest Study Focuses On Current And Future Innovations (Dekro Paints, Wohl Coatings Company, Prestige Coating Limited, SIBA) – KSU


stevenMay 8, 2021
Bituminous Paints Market Research Report Offers Insights Into Market Share, Revenue, And Forecast Trends
The report on the global Bituminous Paints market provides all the details regarding the market dynamics and essential aspects of the market. The report provides the entire competitive pipeline in order to gain better insights into the market revenue, key players, share, and regional analysis of the market. The complete overview of the 
Bituminous Paints market is provided using research methodologies and primary & secondary sources. In addition, the developments made in the Bituminous Paints market over the years are also elaborately mentioned in the report. Some of the significant data such as future market trends, recent technological advancements, supply & demand chain, market share, and growth factors that aid in the market expansion are clearly provided in the Bituminous Paints market report. ....

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Capital markets approves Crown Paints rights issue


THE STANDARD
BUSINESS NEWS
NAIROBI, KENYA: The Capital Markets Authority (CMA) has granted approval to Crown Paints Kenya to undertake a rights issue to raise Sh711,810,000 by issuing and listing 71,181,000 new ordinary shares on the Nairobi Securities Exchange.
The rights will be issued based on one new ordinary share for every one existing share.
According to the Information Memorandum, the main aim of the rights issue is to give the company financial flexibility to mitigate the challenges posed by the ongoing Covid-19 pandemic and boost the growth strategy for the company.
The Group’s management plans to use the rights issue funds to facilitate the development of new products, retiring of current facilities, and funding regional expansion. ....

Nairobi Area , Wyckliffe Shamiah , Capital Markets Authority , Crown Paints Kenya Plc , Nairobi Securities Exchange , Crown Paints Kenya , Nairobi Securities , Information Memorandum , Executive Officer , Fourth Schedule , Capital Markets , Public Offers , Paints Kenya Plc , நைரோபி பரப்பளவு , மூலதனம் சந்தைகள் அதிகாரம் , நைரோபி பத்திரங்கள் பரிமாற்றம் , கிரீடம் வண்ணப்பூச்சுகள் கேந்ய , நைரோபி பத்திரங்கள் , தகவல் மெமோராண்டம் , நிர்வாகி அதிகாரி , நான்காவது அட்டவணை , மூலதனம் சந்தைகள் , பொது சலுகைகள் ,