Shares –Outspoken Kiharu Member of Parliament Ndindi Nyoro has tripled his KPLC shares from 9,116,800 to now 27,291,400 shares. Reports has shown.
This therefore means he is the largest individual shareholder at the utility company, Kenya Power and lighting Company.
In the data seen by this writer, Mr. Nyoro is now ranked at position three from twelve. This means he is now closing down to government and banks.
Currently, a share of KPLC is retailing at sh 1.60 with the MP affirming that his commitment in the share business is not something he hesitate to involve himself.
“I am buying KPLC shares because I know we can fix issues of electricity when allowed to make decisions. It has a lot of sleeping capital which can be used to assist more homes,” he said.
He added that the asset value presents a great opportunity for any willing buyer seeking to enjoin himself in the venture.
As at the projected end of 2022, the National Treasury remains the largest shareholder with a total of 978,492,034. This reflected an increment of 850,339 from last year’s value.
