Kenyan multi-millionaire Chris Kirubi has increased his shareholding in Centum Investment Group, a Nairobi Stock Exchange-listed investment holding company.
According to a report by Kenya?s Business Daily newspaper, recent regulatory filings show that the Kenyan businessman acquired 784,400 Centum shares as at May, currently worth $425,000, increasing his stake in the company to 25.1%, up from the 24.99% he owned in September last year, when he publicly declared his intention to increase his stake in the company to 29.9%. Centum?s share has doubled since September when Kirubi made the announcement. Kirubi?s stake in the company is currently valued at approximately $77 million.
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