Tribunal to hear REA Vipingo takeover row

A view of Vipingo Ridge Golf Course in Kilifi. Rea Vipingo stock last traded on November 13 last year at Sh27.50. Photo/FILE

Kenya’s Capital Markets Tribunal will set a date for a hearing into the takeover of REA Vipingo Plantations when it is constituted for the first time later this month, Chairman Jinaro Kibet said.

The tribunal expects to decide on the timing of the hearing after July 26, when one of the members who is currently out of the country returns to Kenya, Kibet said in a phone interview from the capital, Nairobi.

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