Mumias Sugar financials to come four months late

A section of the Mumias Sugar Factory. FILE PHOTO | NMG

Cash-strapped Mumias Sugar #ticker:MSC has approached the markets regulator for another extension to delay release of its results for the financial year ended June 2018, effectively pushing it forward by four months.

The miller's board, which missed the November 30 deadline despite getting a one month extension from the Capital Markets Authority (CMA), said on Tuesday that it has been granted three more months to release the results.

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