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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.
Investment firm TransCentury has secured a six-month extension to pay off a Sh4 billion debt that it owes its bond-holders.
The extension is part of a ‘sweetheart deal’ that will also see the bondholders receive only half of their money as full settlement of their bond.
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