Pattni sparks a storm with the sale of Marshalls shares
Posted Thursday, July 26 2012 at 20:47
The ownership war spilled over to the firm’s AGM, causing the warring shareholders to hold parallel meetings. The rivalry came to an end two years ago when the courts ruled in favour of Mr Pattni.
Investors have taken notice and the company’s share has become the least sought-after at the Nairobi bourse and goes for weeks without trading.
Marshalls’ share price stood at Sh12.3 yesterday and has shed 7.8 per cent in the past 12 months.