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Thursday, June 28, 2007

Kenya Re IPO announcement

So.. finally...

The KenRe IPO (really an OFS coz the govt is selling its shares & no funds raised will go to benefit KenRe) will be off & running on July 18...

GOK will sell 40% of KenRe (240mn shares at 9.50) with a minimum application for 2,000 shares.

More details to follow!

18 comments:

Anonymous said...

The Ubuntu Group
P O Box 45213, 00100
Nairobi, KENYA
Tel: +254 - 20 - 3876400
Fax: +254 - 20 - 2724996 Website: www.ubuntugroup.org

29 June, 2007


Dear Rants, Raves & Reviews;

RE: REQUEST TO BE LISTED IN YOUR BLOG DOMAIN

We wish to express our interest to work with you.

We are Ubuntu Investment Group, a pan-African investment outfit that primarily focuses on micro-finance, private equity and capital markets investment. As a Group we have consistently operated for over 1 ½ years using this period to horne our investment philosophy, grow our client base and expand our investment options.

The Group was recently incorparated as a limited liability company in
Kenya and has since inception, received growing interest from like -minded investors (businesspeople) expressing their desire and willingness to work with the Group.

Our Website (www.ubuntugroup.org), has since its launch in September 2006 grown exponentially (by 3,570.83%) in its web traffic as shown by the stats below:

2006>>>
October - 24
November - 93
December - 152
2007>>>
January - 184
February - 202
March - 350
April - 408
May - 726
June – 881

As a Group, we are also impressed by the content and quality of your Blog and we see an opportunity for synergy in working together. We offer our website for listing on your Blog site. We expect that we will both gain from the relevance and similarity of our web content, not to mention the burst in increased web visits.

We await your response in kind.


Kind Regards,

Mwenda Ntalami
Marketing Director,
Ubuntu Investment Group

kainvestor said...

this is just amazing. how is the invitation to list liked to the topic?

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Anonymous said...

@ka-Investor

In response to ur little comment:

.. we don't mean to spoil ur blogg party!

As alternative voices of reason, we absolutely respect the minds that come together in this forum .. and are indeed quiet fans (to a selected number of Kenyan Invstmt Bloggs out there).

We have grown as a Group, so far, by primarily building our networks an affiliations. And our selection to work with this (and other carefully selected) Bloggers is actually a matter btwn us bt were (unfortunate) not to have access to his(their) direct email.

That said, perharps if u were in business.. you would understand the value of strong affiliations.

Regards,
Mwenda Ntalami,
Director,
Ubuntu Investment Group.

PS>Perharps the host of this Blog can send us his email (for our future affiliations) thru our site:
www.ubuntugroup.org.

mmnjug said...

Whats this invitation all about anyway? About the KenyaRe IPO, i think that the gvt should have sold at least 60% of its holding so that its not the majority holder so that we can avoid at all costs its shenanigans like in EA Portland, Kengen and the ilk.

http://assidous.blogsppot.com

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