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KQ revives Sh1.5bn rights issue plan for small investors

A Kenya Airways shareholders meeting. The airline seeks to sell new shares to small investors at a huge discount. FILE PHOTO | NMG

By  Victor Juma

Business Editor

Nation Media Group

Kenya Airways #ticker:KQ has revived plans to implement a rights issue by selling new shares to small investors at a huge discount.

The transaction was earlier estimated to raise more than Sh1.5 billion.

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