| Revision as of 16:52, 18 September 2013 view sourceFsmatovu (talk | contribs)Autopatrolled, Extended confirmed users, Pending changes reviewers, Rollbackers184,471 edits copy edit← Previous edit | Revision as of 21:20, 20 September 2013 view source Fsmatovu (talk | contribs)Autopatrolled, Extended confirmed users, Pending changes reviewers, Rollbackers184,471 edits new referenced data and narrativeNext edit → | ||
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| foundation = 1967| | foundation = 1967| | ||
| location = ], ]| | location = ], ]| | ||
| key_people = '''James Ngatia Muguiyi'''<br/>Chairman <br/> '''James Mwirigi Mworia'''<br/> |
key_people = '''James Ngatia Muguiyi'''<br/>] <br/> '''James Mwirigi Mworia'''<br/>]| | ||
| num_employees = |
num_employees = 25 (2013)| | ||
| assets = US$ |
assets = US$245 million (KES:21.4 billion) (March 2013)<ref></ref>| | ||
| revenue = {{profit}}Aftertax:US$ |
revenue = {{profit}}Aftertax:US$28.5 million (KES:2.45+ billion) (2013)| | ||
| industry = Equity Investments| | industry = Equity Investments| | ||
| products = Equity Ownerships, Real Estate Development| | products = Equity Ownerships, Real Estate Development| | ||
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| }} | }} | ||
| '''Centum Investment Company Limited''', commonly known as '''Centum''' or '''Centum Investments''', is a private, publicly traded investment company based in ]. It operates as an affiliate of the government-owned ] (ICDC).<ref></ref |
'''Centum Investment Company Limited''', commonly known as '''Centum''' or '''Centum Investments''', is a private, publicly traded investment company based in ]. It operates as an affiliate of the government-owned ] (ICDC).<ref></ref | ||
| ==Overview== | ==Overview== | ||
| Centum is a private, publicly traded company based in ]. Its shares are listed on the stock |
Centum is a private, publicly traded company based in ]. Its shares are listed on the stock exchange in Kenya, where they trade under the symbol: '''ICDC'''.<ref></ref> The company shares are also crosslisted on the ] (USE), where they trade under the symbol:'''CENT'''.<ref></ref> | ||
| The company is a medium-sized investment company. As of March 2013, total assets under management were valued at about US$245 million (KES:21.4 billion), with shareholders' equity valued at about US$187.6 million (KES:16.12 billion).<ref></ref> | |||
| ⚫ | ==History== | ||
| ⚫ | Industrial and Commercial Development Corporation was founded in 1967, as a government ], whose primary objective was to provide a vehicle for Kenyans to invest in the economy of newly independent ], by investing in Kenyan companies. ICDC formed a subsidiary called '''ICDC Investment Company Limited''', whose shares were listed on the ] (NSE), in 1967. | ||
| ⚫ | ==History== | ||
| In 1998, with the ], having sold some of its majority shareholding, ICDC Investment Company adopted a new management structure, handing over day-to-day management to an independent professional managerial team, supervised by an independent board of directors, elected by the shareholders. In 2007, the shareholders opted to change the name of the company to '''Centum Investment Company Limited'''.<ref></ref> | |||
| ⚫ | Industrial and Commercial Development Corporation was founded in 1967, as a government ], whose primary objective was to provide a vehicle for Kenyans to invest in the economy of newly independent ], by investing in Kenyan companies. ICDC formed a subsidiary called '''ICDC Investment Company Limited''', whose shares were listed on the ] (NSE), in 1967. In 1998, with the ], having sold some of its majority shareholding, ICDC Investment Company adopted a new management structure, handing over day-to-day management to an independent professional managerial team, supervised by an independent board of directors, elected by the shareholders. In 2007, the shareholders opted to change the name of the company to '''Centum Investment Company Limited'''.<ref></ref> | ||
| The shares of the company are publicly traded on the ] since 1967, and on the ], effective 10 February 2011.<ref></ref><ref></ref> Plans are underway to crosslist the company stock on the ] and on the ] |
The shares of the company are publicly traded on the ] since 1967, and on the ], effective 10 February 2011.<ref></ref><ref></ref> Plans are underway to crosslist the company stock on the ] and on the ].<ref></ref> | ||
| ==Investment structure== | ==Investment structure== | ||
Revision as of 21:20, 20 September 2013
| Company type | Public company |
|---|---|
| Traded as | KN: ICDC USE:CENT |
| Industry | Equity Investments |
| Founded | 1967 |
| Headquarters | Nairobi, Kenya |
| Key people | James Ngatia Muguiyi Chairman James Mwirigi Mworia Managing Director |
| Products | Equity Ownerships, Real Estate Development |
| Revenue |  Aftertax:US$28.5 million (KES:2.45+ billion) (2013) |
| Total assets | US$245 million (KES:21.4 billion) (March 2013) |
| Number of employees | 25 (2013) |
| Website | www |
Centum Investment Company Limited, commonly known as Centum or Centum Investments, is a private, publicly traded investment company based in Kenya. It operates as an affiliate of the government-owned Industrial and Commercial Development Corporation (ICDC).Cite error: A <ref> tag is missing the closing </ref> (see the help page). The company shares are also crosslisted on the Uganda Securities Exchange (USE), where they trade under the symbol:CENT.
The company is a medium-sized investment company. As of March 2013, total assets under management were valued at about US$245 million (KES:21.4 billion), with shareholders' equity valued at about US$187.6 million (KES:16.12 billion).
History
Industrial and Commercial Development Corporation was founded in 1967, as a government parastatal, whose primary objective was to provide a vehicle for Kenyans to invest in the economy of newly independent Kenya, by investing in Kenyan companies. ICDC formed a subsidiary called ICDC Investment Company Limited, whose shares were listed on the Nairobi Stock Exchange (NSE), in 1967. In 1998, with the Government of Kenya, having sold some of its majority shareholding, ICDC Investment Company adopted a new management structure, handing over day-to-day management to an independent professional managerial team, supervised by an independent board of directors, elected by the shareholders. In 2007, the shareholders opted to change the name of the company to Centum Investment Company Limited.
The shares of the company are publicly traded on the Nairobi Stock Exchange since 1967, and on the Uganda Securities Exchange, effective 10 February 2011. Plans are underway to crosslist the company stock on the Dar es Salaam Stock Exchange and on the Rwanda Stock Exchange.
Investment structure
Centum's investments are organised into three (3) divisions:
- Quoted Private Equity
This is the division that invests in publicly traded companies in various stock exchanges on the African continent.
- Private Equity
This division acquires equity positions in non-publicly-traded companies, mainly in the African Great Lakes region, but increasingly in other parts of the continent as well.
- Real Estate and Infrastructure
This division is involved in real estate development in Kenya and Uganda, with an eye to expanding into other countries in the African Great Lakes region.
Ownership
As of March 2011, the company stock was owned by the following corporate entities and individuals:
| Centum Investment Company Stock Ownership | ||||||||||||||||||||||||||||||||||||
External linksSee alsoReferences
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