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.
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.
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