Baloobhai Patel sells two million Flame Tree shares

Billionaire Baloobhai Patel has shares in DTB. FILE PHOTO | NMG

Billionaire investor Baloobhai Patel has sold two million shares in trading and manufacturing company Flame Tree Group #ticker:FTGH, earning millions of shillings.

Mr Patel held 933,939 shares of the firm listed on the Nairobi Securities Exchange in December 2016, down from three million the year before, according to the company’s latest annual report.

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