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Japanese dollar store, Daiso, to open first Tucson location

For Star subscribers: U.S. store openings of the popular global chain Daiso, which carries Japanese-inspired merchandise, have been met with long lines of eager shoppers. Now it s coming to Tucson. ....

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Little-known vinyl floor firm shines at NSE

Vinyl floor manufacturer Olympia Capital topped several small firms that beat blue chip firms at the Nairobi Securities Exchange. ....

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Crown Paints gains Sh4.2bn in value after rights issue

The market value of Crown Paints has gone up by Sh4.2 billion since the firm issued a rights issue last year. ....

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Crown Paints top owner raises stake to 66pc in rights issue

Belize-based investment firm Barclay Holdings has acquired an additional 4.63 percent stake in Crown Paints Kenya Plc. ....

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Crown Paints major shareholder eyes bigger stake

Crown Paints major shareholder eyes bigger stake
Monday May 10 2021
By VICTOR JUMA
Summary
The Belize-based institutional investor currently holds a 62 percent stake in the Nairobi Securities Exchange-listed firm and plans to spend more than its minimum allocation of Sh441.3 million in the capital call.
The Capital Markets Authority (CMA) has approved the fundraising plan, noting that the paints manufacturer’s big shareholders are ready to acquire more shares from minority investors who will snub the offer.
Crown Paints’ majority shareholder Barclay Holdings will raise its stake in the company if minority shareholders do not provide their proportionate capital in the impending Sh711.8 million rights issue. ....

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