Sanlam Kenya plans a Sh3.25bn rights issue
Listed non-bank financial services firm, Sanlam Kenya Plc, is set to improve its financial position after shareholders approved the Sanlam Kenya Rights Issue through which it seeks to raise a Sh3.25 billion. The company’s shareholders attending an Extra-Ordinary General Meeting (EGM) approved the Board of Directors’ request to recapitalise the leading general and life insurance […]
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