Billionaire investor Baloobhai Patel has acquired an additional 7.9 million shares of Bamburi Cement #ticker:BAMB worth Sh293.4 million, more than doubling his stake in the firm.
His ownership rose to 14.9 million shares equivalent to a 4.12 percent stake in the year ended December compared to 7.02 million shares (1.94 percent) in 2020, according to Bamburi’s annual report.
