Here comes Kengen

The Kengen IPO will open with rather short notice on March 20 with shares priced at Kshs 11.90 each.

Francis Drummond has published a roadshow timetable to increase awareness of the IPO which will run from March 20 to April 26.

  • 10th March 2006 – Mombasa (Nyali Beach Hotel)
  • 13th March 2006 – Embu (Isaac Welton Hotel) and Nakuru( Merica Hotel)
  • 14th March 2006 – Meru (County Hotel), Eldoret (Sirikwa Hotel) and Kisumu (Imperial Hotel)
  • 15th March 2006 – Kakamega (Golf)
  • 17th March 2006 – Garissa (Nomad Paradise)

At the movies
Finally, Nairobi theatres have some decent drama movies I can watch such as The Constant Gardener, Munich, Memoirs of a Geisha and Syriana all showing now. This has been a tough year to find non-PG/kid comedy or Indian movies that theatres here prefer to show. I remember calling up Fox theatres many months ago when “Constant Gardener” opened worldwide and they had not heard of it and were not aware it was set or shot in Kenya.

5 thoughts on “Here comes Kengen

  1. Anonymous

    Thanks for info.
    when are the dates for the kengen IPO and when is the last date for applying for the shares?

  2. Afro

    lol, fox theatres had no idea about constant gardener?! Give the manager a link to imdb 🙂
    I had lost syke for movies, i might check out tsotsi, the south african movie that is playing in smaller theatres here, have a brilliant weekend.

  3. mashatall

    thanks for the update on kengen shares? whats the minimun and maximum number of shares one can buy? and in your opinion do you think the process will be as transparent as they claim its gonna be, ama the powers to be will be allocated shares first?

  4. Anonymous

    Would you be willing to give some financial highlights on Kengen? So far all they have given is the price and that it is a 20% discount to book value. However there is very little other information to make this a less than speculative investment. Will be greatly appreciated.

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