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The Standard Group Plc is a
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Listed publishing house Longhorn Publishers Limited intends to raise up to Sh500 million in a rights issue for expansion.
In order to finance product and regional diversification, Longhorn has proposed the creation of about 600 million new shares subject to regulatory approvals. Shareholders will meet on December 21, 2015 for an Annual General Meeting to give the nod to the rights issue.
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