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Centum puts on hold plan to buy stakes in companies Thursday July 29 2021 By PATRICK ALUSHULA Summary Centum chief executive James Mworia said the firm has opted to put billions of shillings in government papers to navigate the pandemic without losing capital. Mr Mworia said the environment that Centum faced between 2009 and 2019 is totally different from the current one. Centum Investment Group #ticker#CTUM has put on hold plans to buy stakes in companies and is shifting money in government bonds to avoid losses in Covid-19 environment. The listed investment firm has sold stakes in firms such as Almasi Beverages Limited, Nairobi Bottlers Limited and King Beverages Limited and delayed fresh acquisitions following disruption triggered by the pandemic, that has made it difficult for deal makers to value firms on the strength of future earnings.

Nairobi areaJames mworiaCentum investment groupNairobi bottlersKing beveragesAlmasi beveragesInvestment groupAlmasi beverages limitedNairobi bottlers limitedKing beverages limitedநைரோபி பரப்பளவுசிஇஎன்டியுவ்எம் முதலீடு குழுநைரோபி பாட்டிலர்கள்கிங் பானங்கள்அல்மாசி பானங்கள்முதலீடு குழு