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Ex-BOC Kenya chairman raises stake to 8.5 percent

BD Warsteiner Chief Guest L

Kenyan tycoon, Kiuna Ngugi. 

Photo credit: File | Nation Media Group

By  Edna Mwenda

Business Reporter

Nation Media Group

Former BOC Kenya chairman Ngugi Kiuna has raised his stake in the company to a new high of 8.56 percent as a tribunal takes up a petition he filed seeking to block the buyout of the medical and industrial gases manufacturer.

Read: Former BOC chair Kiuna ups stake as buyout frozen

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