Billionaire Kibunga Kimani takes 11pc stake in Centum

Billionaire John Kibunga Kimani. 

Photo credit: Pool

Billionaire investor John Kibunga Kimani has increased his stake in Centum Investment Company Plc to 11.06 percent, expanding his ownership in the firm that remains undervalued in the market.

Regulatory filings show that Dr Kimani in August this year raised his holdings in the investment firm to 73.6 million shares, valued at Sh1.06 billion at Monday's closing price of Sh14.45 per share.

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