TransCentury’s big owners lose Sh5bn in share price fall

Investment firm TransCentury’s top owners have lost more than Sh5 billion of paper wealth since the company went public four years ago. PHOTOS | FILE |

Investment firm TransCentury’s top owners have lost more than Sh5 billion of paper wealth since the company went public four years ago.

The massive wealth erosion took place on the back of a plummeting share price that has mirrored the company’s dwindling fortunes in the past three years.

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