Scangroup market cap falls Sh834m on former CEO dispute

thakrar

WPP Scangroup CEO Bharat Thakrar. FILE PHOTO | NMG

WPP Scangroup #ticker:SCAN has lost Sh834 million in market value since its founder and former chief executive Bharat Thakrar was suspended for financial impropriety on February 19.

The company’s share price closed at Sh5.54 on that day, assigning it a market capitalisation of Sh2.39 billion.

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