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Shareholders of mortgage lender Housing Finance Company of Kenya Limited (HF) have approved a change of name for the company to Housing Finance Group.
The wholly owned subsidiary Housing Finance Company will take over the mortgage business while the non-operating holding company will be Housing Finance Group. At its Extra-ordinary General Meeting at the Kenyatta International Convention Centre (KICC), shareholders approved formation of the holding company. It expects to complete transactions before end of this month.
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