Prime

KQ revives Sh1.5bn rights issue plan for small investors

A Kenya Airways shareholders meeting. The airline seeks to sell new shares to small investors at a huge discount. FILE PHOTO | NMG

By  Victor Juma

Business Editor

Nation Media Group

Kenya Airways #ticker:KQ has revived plans to implement a rights issue by selling new shares to small investors at a huge discount.

The transaction was earlier estimated to raise more than Sh1.5 billion.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.

Get it First!

Stay up to date on the editors' picks of the week.

Latest

  1. PRIME Supreme Court ends billionaire Kibunga Kimani’s Sh205m land sale row

  2. Tata Chemicals Magadi plant

    PRIME High Court declines to hear suit on Tata Magadi permit suspension

  3. PRIME Two charged over separate fraud cases at Equity Bank, Old Mutual

  4. PRIME Stockbrokers cash in on NSE boom with Sh14bn in commissions

In the headlines

View All