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Examples
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Sheltam's move with the other group members minus the Transcentury has raised temperatures in the concession agreement with Transcentury which is politically endowed in Kenya lobbying to block the takeover by the Egyptians.
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This publication was produced for Peace Corps by the Transcentury
Chapter 1 1981
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Transcentury calculated that by buying Mr Puffet's 35 per cent stake, it could quickly assume the lead investor status in the company and thus obviate the need for KURH.
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Correspondence shows that when the shareholders received Mr Puffet's request, all except Centum declined to approve the deal with Transcentury.
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The evidence also shows that during the period Transcentury was negotiating to buy Mr Puffet's shares in Sheltam, the company was violently against the KURH option.
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According to available documents, the first to be approached by Mr Puffet was Transcentury, who had by that time taken a higher profile than the rest of the shareholders in the KURH discussions.
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So far, Transcentury appears to be the only losers in the deal.
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Second, Centum and Transcentury signed the documents.
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According to information disclosed in the prospectus which Transcentury put out as the company floated a private placement share floatation in 2008, among its top ten shareholders include the managing director of Ken Gen, Eddy Njoroge, the Commissioner General of Kenya Revenue Authority, Michael Waweru, and influential businessmen Peter Kanyago, Jimna Mbaru,
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Documents show that on October 29, 2009, Mr Puffet wrote to all shareholders requesting their consent to sell his shares to Transcentury.
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