I&M Group Set to Raise Billions as East Africa Growth Holding Buys New Shares at Double Market Price
I&M Group PLC is poised to make waves in Kenya’s financial sector with its bold move to issue up to 86.5 million new ordinary shares. These shares, valued at KES 48.42 each, will be subscribed by East Africa Growth Holding (EAGH), significantly higher than the current market price of KES 25.05. This premium valuation reflects […]