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Umeme interim dividend rises to Sh0.9 per share
20 Aug 2024 04:15 GMT
… billion) for 2023,” said Umeme in a statement.
The assets … and operations of Umeme will be handed back to … premium of five percent.
Umeme’s main shareholders include the … during the firm’s 2012 Initial Public Offering. Kenyan investors also bought …
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Will MTN achieve the targets it failed at IPO?
29 May 2024 07:24 GMT
… , this was lower than Umeme’s, which in the same … least all the last three IPOs.
Therefore, how the … the second after the 2021 initial public offering. It comes seven months … offered shares, returning an undersubscribed IPO.
Therefore, as a …
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NSE bets on secondary listings to boost bourse activity amid IPO drought
19 May 2024 06:17 GMT
… going through a decade-long Initial Public Offering (IPO) drought.
The self-listed … Group, Centum Investments, Jubilee Holdings, Umeme Ltd, collapsed Uchumi Supermarkets and … (BoK).
Read: Kenya allows electronic IPOs to boost efficiency and confidence …
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Umeme concession payout falls to Sh44bn on investments
07 Apr 2024 21:19 GMT
… electricity payments at the Kampala Umeme branch. FILE PHOTO | … NMG
Uganda-based electricity distributor Umeme Limited has cut the value … through the tariff,” said Umeme in an investor presentation … the firm’s 2012 Initial Public Offering.
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News24.com | MTN falls short of target, raising only R2.4bn in initial public offering of Ugandan unit
04 Dec 2021 10:46 GMT
… MTN Group said the initial public offering of its Ugandan unit … The MTN Group said the initial public offering of its Ugandan unit raised … to the statement.
The IPO, the first in the country … is also the biggest since Umeme raised about $66 million in …
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What does the Airtel IPO promise to offer?
23 Aug 2023 10:19 GMT
… busy lately. Yes, the MTN initial public offering (IPO) in 2021, even when … years without an IPO.
The last IPO - Cipla in … an IPO. The last offer had come from power distributor Umeme … in 2012.
However, analysts believe that the performance of an IPO …
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Uganda's Umeme buyout value declines to $251m
23 Aug 2023 07:54 GMT
… of Ugandan electricity distributor Umeme Limited dropped by Ush256. … six months to June, Umeme declared an interim dividend … earlier.
Read: Uganda’s Umeme declares $10.38m interim … during the firm’s 2012 Initial Public Offering.
For Kenyan investors, the …
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Tough road ahead as Umeme edges closer to its exit
06 Feb 2023 09:23 GMT
… with the President.
To Umeme’s advantage, Energy … on the shelf somewhere. Umeme executives nevertheless suspected the … Markets Authority approved its Initial Public Offering price of Shs275 per … the President has criticised Umeme publicly and “offered guidance …
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Govt to audit Umeme investments to ascertain buyout amount
10 Dec 2022 09:40 GMT
… committee that will audit Umeme investments and assets, … Energy Minister Ruth Nankabirwa.
Umeme yesterday confirmed government had … Mr Selestino Babungi, the Umeme managing director, declined to … factor to shareholders since the IPO.
However, he noted, …
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Museveni’s Umeme mistake
22 May 2022 22:17 GMT
… a very hostile attitude towards Umeme, Uganda’s main electricity … stance on Umeme has created great uncertainty. Umeme is a publicly … . When it launched its Initial Public Offering (IPO), the price per share … the one that made Umeme’s IPO and later its SPO …