Investments firm TransCentury Ltd #ticker:TCL (TCL) has made a U-turn on earlier plans to delist from the Nairobi Securities Exchange (NSE) where it is planning a rights issue.
The company's group chief executive Nganga Njiinu said Monday in interview the loss-making company will seek shareholders' nod to issue 2 billion new shares at five shares for every two at a meeting to be held next month, (June 10).
