Kimani, a significant shareholder with a 33.3-percent stake in Kakuzi, is positioned to receive a substantial portion of the group’s dividend payout.
John Kimani
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His move comes as shares remain attractively priced on the Nairobi Securities Exchange.
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The Capital Markets Authority (CMA) has summoned top executives, including Kimani and Kakuzi Managing Director Christopher Flower.
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The businessman’s increased stake further solidifies his position as one of the leading investors on the Nairobi Securities Exchange.
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As one of the leading investors on the Nairobi Securities Exchange, Kimani holds a significant 34.54 percent of Kakuzi, or 6,762,133 ordinary …
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John Kimani’s recent acquisition reflects his continued commitment to expanding his investment portfolio in Kenya’s thriving business landscape.
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Despite this setback, Kimani retains his position as one of the wealthiest investors on the Nairobi Securities Exchange.
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Kimani owns 34.54 percent of Kakuzi, or 6,762,133 ordinary shares, in the agricultural cultivation and manufacturing company.
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Among the beneficiaries of this remarkable dividend payout, John Kimani, one of Kenya’s wealthiest investors, will receive $83,300.
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Kimani, known for his diverse investment portfolio, owns a 34.54-percent stake, equivalent to 6,762,133 shares, in Kakuzi.Â