Nairobi: October 10, 2014: Uchumi Rights Issue enters the penultimate stage following approval by the Capital Markets Authority (CMA).
In a statement CMA said the Authority was satisfied that the disclosures submitted by the company complied with regulatory requirements for public offers and listings.
"Submission by Uchumi is sufficient and contained information that will enable investors make an informed decision on the Rights Issue," the statement reads in part.
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