Billionaire Kimani buys Sh219m shares in Centum

NMG Chairman Wilfred Kiboro (centre] has a word with Faida Investments Bank Chairman Bob Karina (left) and billionaire John Kibunga Kimani at an NMG briefing on April 20, 2022. FILE PHOTO | NMG

Billionaire investor John Kibunga Kimani has acquired additional shares in Centum Investment Company worth Sh219.7 million, raising his stake at a time when the firm’s share price fell to new lows.

Regulatory filings show that he had built his stake to 4.7 per cent or 31.2 million shares in the first week of August this year, up from 1.24 per cent or 8.2 million shares on March 31, 2021.

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