Wednesday, November 08, 2006

FFBS Share Issue

From todays Daily Nation an Ad by Family Finance Building Society"
A Share offer by Private Placement open to Account Holders (as well as Board members and Staff I believe) of 15 000 000 shares @ KES 60.
Offer is open from 1st - 30th Nov 2006.
Minimum shares available - 500 shares @ KES 60 and Shares in multiples of 500 thereafter.
I suspect a good number of people will be opening FFBS Bank Accounts very soon. FFBS intend to become a fully fledged bank very soon and are waiting for approval from the CBK. I also believe they intend to list on the NSE soon.
I'm now thinking that perhaps I should join the list of people intending to open a FFBS bank account. Opening Requirements should be quite friendly :)

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