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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 redemption offer by ILAM Fahari Real Estate Investment Trust (Reit) has been oversubscribed by 13.08 per cent, paving the way for restructuring of the investment vehicle.
The Reit's trustee said it had received applications for redemption of 41,371,604 units, which represented a subscription rate of 113.08 per cent.
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