× Business BUSINESS MOTORING SHIPPING & LOGISTICS DR PESA FINANCIAL STANDARD Digital News Videos Health & Science Lifestyle Opinion Education Columnists Moi Cabinets Arts & Culture Fact Check Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS
×

Public asked to be cautious when dealing with East African Cables shares

WORK LIFE
By Standard Reporter | April 26th 2019

NAIROBI, KENYA: East African Cables has entered into a conditional transaction that may result in a material change in the company and the parent company (TranCentuary Group) capital structure and debt profile.

In cautionary advice to its shareholders and those of TranCentuary PLC, East African Cables Board said the transaction is subject of receipt of various approvals and conclusion of ongoing discussions with stakeholders.

“This transaction when concluded will have a material effect on the equity value of the business. Shareholders and the public are therefore advised to exercise caution when dealing in the shares of EAC and TC,”

Share this story
Uhuru urges investors to tap into blue economy
President Uhuru Kenyatta urging investors and business leaders to take advantage of the blue economy by investing in it.
Property developers ride on holiday homes wave
Short-term rents such as Airbnb have become popular with buyers who don’t reside in the houses throughout the year.
.
RECOMMENDED NEWS
Feedback