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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.
The much-hyped Nairobi Securities Exchange (NSE) initial public offering (IPO) kicks off today with the public expected to subscribe to at least 500 shares priced at Sh9.50 per share.
The exchange which demutualised last month is offloading a total of 66 million shares to the public in a development expected to set the stage for its eventual self-listing in September 9.
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