Billionaire investor Baloobhai Patel has bought an additional five percent stake worth Sh101.7 million in carbon dioxide manufacturer Carbacid Investments #ticker:CARB, raising his ownership to a new high of 40.3 percent.
His holdings have jumped to 102.9 million shares, according to August regulatory filings. This represents a 14 percent increase from July last year when he held 90.1 million shares equivalent to a 35.3 percent equity.
