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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.
Kenya: Nairobi Securities Exchange (NSE)'s planned Initial Public Offering (IPO) will be priced at Sh9.50 per share. Sources in the market who wished not to be named confirmed that the offer price among other inner details have been concluded and as from July 24 to August 2014 the IPO would kick off.
The bourse will offload 66 million shares to the public representing 34 per cent of the total shares.
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