The Capital Markets Authority (CMA) has suspended the shares of Athi River Mining (ARM) Cement #ticker:ARM from trading on the Nairobi bourse after the company was placed under administration on Friday.
According to a public notice issued by Nairobi Securities Exchange (NSE), the shares of the cement-maker, stuck in more than Sh14.4 billion debt, will remain suspended from the bourse for seven working days effective Monday, August 20.