Sameer set to close the sale of Sh921 million land

Sameer

A section of Sameer Business Park.

Photo credit: File | Nation

Tyre distributor Sameer Africa is set to close the sale of 3.75-acre piece of land which has stalled for three years, after it secured necessary documentation.

The Nairobi Securities Exchange listed firm had earmarked the land valued at Sh921 million to help it repay its loans and cut financing costs.

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