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Disclaimer

 

Every effort has been made to ensure that the information provided on this website and any material available from it is accurate. However, under no circumstances, including, but not limited to, negligence, shall KASIB be liable for any special, incidental or consequential damages that result from the use of, or the inability to use, the materials in this website. Nor does KASIB warrant or make any representations regarding the use or the results of the use of the information provided on this website and any material available from it in terms of its correctness, accuracy, reliability, or otherwise.

The information provided in this website does not constitute investment, tax, legal, or any other advice. No representations are made as to the reliability or completeness of such information.

Further, readers are advised to consult with any of the registered stockbrokers, or investment banks whose contacts have been included in this website.

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  • Convertible Preference Shares : 

    These are preference shares that give the holder the additional right to convert them into a specified number of ordinary shares under specified conditions.

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  • Trading Floor : 

    This is the arena in a stock exchange where trading activities are conducted. It is also referred to as the pit of the exchange.

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  • Acquisition : 

    An acquisition is when one company makes a bid to acquire control of another (called the target). It can either be hostile or friendly.

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  • Corporation or Company : 

    A form of business organization created under the Companies Act of Kenya, which has a legal identity separate from its owners. The owners of the corporation are the shareholders and they are liable for the debts of the corporation only up to the amount of their investment. This is called limited liability.

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  • Block Order : 

    An order placed for the transaction (purchase or sale) of a very large quantity of securities.

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