HF seeks Sh1bn bailout capital from new investors

HF Group head offices in Nairobi. FILE PHOTO | NMG

Mortgage financier HF Group #ticker:HF is seeking to raise Sh1 billion from unnamed investors to boost its capital and liquidity position.

The loss-making firm has in recent years suffered from the slowdown in the real estate market and interest rate controls that were repealed in November last year.

PAYE Tax Calculator

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