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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
TransCentury has fought off claims it would be unable to repay a $100 million (Sh10.2 billion) loan, helping its shares post modest recovery yesterday.
The investment firm listed at the Nairobi Securities Exchange (NSE said in a statement yesterday that it was confident it would be able to raise the required funds through its subsidiary, TC Mauritius).
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