Centum #ticker:ICDC has booked a gain of over Sh1 billion from the sale of its stake in regional micro-financier Platinum Credit in a transaction that is set to boost the investment firm’s full-year earnings.
The NSE-listed Centum, whose financial year closes end of this month, invested in Platinum Credit in December 2012 with purchase of a 36 per cent stake for approximately Sh800 million.
