Ban on EAPCC shares lifted
12 April 2012, 15:13
Nairobi – The Capital Markets Authority (CMA) has
lifted the suspension of the East African Portland Cement Company
(EAPCC) shares from trading at the Nairobi Securities Exchange (NSE)
after a 60-day trading ban that started on January 17.
The suspension was designed to give EAPCC time to address all the
outstanding corporate governance issues and boardroom wrangles facing
the firm, while protecting the shareholders interests, particularly
those with a minority stake.
The cement firm has been in the news since December 22 last year when
accusations and counter accusations stemming from the suspension of the
board by acting Industrialisation Minister Amason Kingi were played out
For more visit Capital News