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The Standard Group Plc is a
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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 Kenya Electricity Generating Company (KenGen) has received regulatory approval for its Sh28.8 billion rights issue.
The energy producer says it’s offering a total of 4.4 billion ordinary shares at Sh6.55 per share to raise Sh28.8 billion in new capital. The rights issue will open on May 23, 2016, and close on June 10, 2016 following approval by the Capital Markets Authority (CMA) and Nairobi Securities Exchange (NSE).
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