Standard Group shareholders approve Sh1.5 billion rights issue at annual meeting

The Standard Group CEO, Ms Marion Gathoga-Mwangi shakes hands with Mr Alfred Siele, the External Auditor representing Grant Thornton LLP, as the Company Chairman Dr Julius Kipngetich (second left), and Company Secretary Ms Victoria Cherotich look on during the Group's 106th AGM at the company's headquarters.

The Standard Group today held its 106th annual general meeting, during which shareholders were apprised of the company's performance over the year to December 2023.

The shareholders also deliberated on the firm's plan to raise Sh1.5 billion through a rights issue.