MP Nyoro is the Largest Individual Shareholder at Kenya Power

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Chrispen

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Sunday, September 11, 2022 –Outspoken Kiharu Member of Parliament Ndindi Nyoro has tripled his KPLC shares from 9,116,800 to now 27,291,400 shares.

This makes him the largest individual shareholder at the Kenya’s largest utility company, Kenya Power and lighting Company.

In the data seen by this writer, MP Nyoro is now at position three from twelve. This means he is now closing down to both government and banks which are the two leading shareholders so far.

Currently, a share of KPLC is retailing at sh 1.60 with the MP affirming that his commitment in share buying and selling business is not something he can hesitate to do whenever a chance arises.

“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 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.

MP Nyoro is a long-time staunch supporter of Dr. William Ruto and UDA Party; and has been with him in both thick and thin situations.

The legislator now serving his second term in Parliament is among those who are very happy after winning the recent presidential race.