Shares register firm extends its reach

Stockbrokers at work at the Nairobi Stock Exchange. A company that provides shareholder registers services is expanding its operations to the region. Photo/ANTHONY KAMAU

Stock market services firm Custody and Registrar (C&R) has announced intentions to set up operations in Tanzania and Uganda, in an expansion drive expected to shore up its revenues.

The firm, which offers shareholder register updating services and handles transfer of shares and dividend inquiries to 18 listed companies in Kenya said that it is opening two regional offices which are expected to be operational by the second half of this year.

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