{"id":18360,"date":"2020-11-30T20:21:32","date_gmt":"2020-11-30T20:21:32","guid":{"rendered":"https:\/\/www.africa-press.com\/kenya\/?p=18360"},"modified":"2020-11-30T20:21:32","modified_gmt":"2020-11-30T20:21:32","slug":"nse-lifts-nairobi-business-ventures-shares-suspension","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/economy\/nse-lifts-nairobi-business-ventures-shares-suspension","title":{"rendered":"NSE lifts Nairobi Business Ventures shares suspension"},"content":{"rendered":"

Author: WAINAINA WAMBU\u00a0<\/strong>
\nAfricaPress-Kenya:<\/strong> The Nairobi Securities Exchange (NSE) has lifted the suspension in trading of Nairobi Business Ventures (NBV) Ltd securities.<\/p>\n

This follows the suspension of trading effected on the security mid last month to allow for the completion of the company\u2019s restructuring exercise.<\/p>\n

This includes a share split, allotment and issuance of shares to Delta International FZE and subscription agreement between NBV and Delta.<\/p>\n

The lifting of the suspension in the trading of the securities was approved by the Capital Markets Authority on Monday.<\/p>\n

At the firm\u2019s bell-ringing ceremony, NBV Chairman Haresh Soni said the growth of infrastructure across Africa presented the company with opportunities to supply companies with making end products such as cement and steel.
\n\u201cAfrica is the future of economic opportunities and NBV is committed to joining the race with its contribution,\u201d he said.<\/p>\n

“We want to be part of the Big Four agenda and our main focused sectors of activity shall be infrastructure.”<\/p>\n

NSE Chairman Kiprono Kittony said the capital injection and new business focus would play a significant role in reviving business operations as well as renew investor\u2019s confidence in the prospects and future of the business.
\nThe investment also resulted in NBV getting a new board of directors.<\/p>\n","protected":false},"excerpt":{"rendered":"

Author: WAINAINA WAMBU\u00a0 AfricaPress-Kenya: The Nairobi Securities Exchange (NSE) has lifted the suspension in trading of Nairobi Business Ventures (NBV) Ltd securities. This follows the suspension of trading effected on the security mid last month to allow for the completion of the company\u2019s restructuring exercise. This includes a share split, allotment and issuance of shares […]<\/p>\n","protected":false},"author":84,"featured_media":6237,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[6672,4195],"class_list":["post-18360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-nairobi-business-ventures","tag-nairobi-securities-exchange"],"yoast_head":"\nNSE lifts Nairobi Business Ventures shares suspension - kenya<\/title>\n<meta name=\"description\" content=\"The Nairobi Securities Exchange (NSE) has lifted the suspension in trading of Nairobi Business Ventures (NBV) Ltd securities.This follows\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/economy\/nse-lifts-nairobi-business-ventures-shares-suspension\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NSE lifts Nairobi Business Ventures shares suspension\" \/>\n<meta property=\"og:description\" content=\"The Nairobi Securities Exchange (NSE) has lifted the suspension in trading of Nairobi Business Ventures (NBV) Ltd securities.This follows\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/economy\/nse-lifts-nairobi-business-ventures-shares-suspension\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-30T20:21:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eritrea\/sites\/28\/2020\/04\/lockeddown_investor5e99521657ffa.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"730\" \/>\n\t<meta property=\"og:image:height\" content=\"470\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/nse-lifts-nairobi-business-ventures-shares-suspension#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/nse-lifts-nairobi-business-ventures-shares-suspension\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"NSE lifts Nairobi Business Ventures shares suspension\",\"datePublished\":\"2020-11-30T20:21:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/nse-lifts-nairobi-business-ventures-shares-suspension\"},\"wordCount\":216,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/nse-lifts-nairobi-business-ventures-shares-suspension#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/28\/2020\/04\/lockeddown_investor5e99521657ffa.jpg\",\"keywords\":[\"Nairobi Business Ventures\",\"Nairobi Securities Exchange\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/economy\/nse-lifts-nairobi-business-ventures-shares-suspension#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/nse-lifts-nairobi-business-ventures-shares-suspension\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/economy\/nse-lifts-nairobi-business-ventures-shares-suspension\",\"name\":\"NSE lifts Nairobi Business Ventures shares suspension - 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