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Biwott-linked KenolKobil trades 25pc of its stock
A worker at a Kenol Petrol Station in Eldoret town adjusts a fuel price board. Kenol Kobil accounted for 94.67 per cent of foreign activity at the NSE last Friday. FILE PHOTO | NMG
Listed oil marketer KenolKobil #ticker:KENO had shares worth Sh5.4 billion traded last Friday in a session that raised chances that some major shareholders were exiting the company.
This represented 369.98 million shares or 25.1 per cent of the issued shares. As at January 11, 2016, foreigners controlled 51.79 per cent of the company’s total shareholding.
