Topic: Transcentury
Nyoro acquires 20 million TransCentury shares, surges to 4th top shareholder
Mar 22, 2024 at 08:45 PM
Ndindi Nyoro, has significantly expanded his portfolio on the Nairobi Securities Exchange (NSE) with the acquisition of 20 million shares in infrastructure company TransCentury Plc...
East African Cables to offload Tanzanian subsidiary stake in restructuring move
Mar 07, 2024 at 03:35 PM
East African Cables has announced that it will be exiting the Tanzanian market through the sale of its 51 per cent stake in East African Cables Tanzania Limited....
Equity seeks court's intervention in TransCentury, East African Cables receivership dispute
Aug 10, 2023 at 01:31 PM
Equity Bank Kenya has made a compelling plea to the High Court, urging the removal of an order that currently halts the receivership of TransCentury and East African Cables Ltd....
High Court bars Transcentury from withdrawing Sh500 million in Equity account
Jun 27, 2023 at 12:27 PM
Equity had told the court it was fearful that the funds might be transferred by Transcentury, which the bank had placed under receivership in a process halted by the court temporar...
Transcentury obtains court order barring Equity takeover over its Sh3 billion loan
Jun 19, 2023 at 12:59 PM
Embattled TransCentury has obtained a court injunction temporarily barring Equity Bank from appointing a receiver manager to take over the business for failing to repay a loan....
Troubled Transcentury Group and East African Cables placed under receivership over Sh3.01 billion Equity Bank loan
Jun 17, 2023 at 12:21 PM
Equity Bank has placed Transcentury Group and East African Cables under receivership after the two companies defaulted on a Sh3.01 billion-shilling loan facility accorded by the ba...
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