Moi family gets Sh1.7bn for firm stake sale to Kuwaiti

Siginon Aviation warehouse. FILE PHOTO | NMG

The family of the late President Daniel Moi will receive Sh1.7 billion for selling a majority stake in logistics firm Siginon Aviation to a Kuwait-based company.

National Aviation Services (NAS) signed a deal to acquire a 51 percent stake in Siginon Aviation — a subsidiary of Siginon Group Limited which provides airport ground handling and cargo management services.

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