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The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
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.
By JAMES ANYANZWA
The Central Depository and Settlement Corporation (CDSC) has completed the conversion of physical share certificates of the first batch of quoted companies. The certificates were converted into an electronic format by September 1. The conversion, also known as dematerialisation aims to minimise fraud and instill investor confidence at the Nairobi Securities Exchange. Amongst companies whose share certificates were converted into electronic form include KenolKobil Ltd, Kenya Airways, Housing Finance and Mumias Sugar Company Ltd. Others are Eveready East Africa Ltd, Longhorn Publishers, Rea Vipingo plantations, Kenya Power TransCentury Ltd, Kakuzi Ltd, Williamson Tea Kenya, Ltd and Kapchorua Tea Company Ltd.
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