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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.
Centum Investment plans to raise Sh4 billion from local investors to finance the ongoing housing projects in Kenya
To be floated through its development subsidiary Centum Real Estate, the bond is intended to fund the company’s projects that are already under construction and at various stages of completion.
"Proceeds from the bond will be allocated exclusively to the subsidiary’s ongoing affordable, middle-income and high-end housing projects in Kenya," revealed the firm in a statement.
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