The family of the late Chris Kirubi says it retains the businessman’s option to buy an additional 126.8 million shares in Centum Investment Company Plc #ticker:CTUM with a current market value of Sh2.1 billion.
Kirubi had received approval from the Capital Markets Authority (CMA) to buy a total of 133 million Centum shares, arguing that the market had continued to undervalue the Nairobi Securities Exchange-listed firm by a large margin.