Precision Air IPO will be Open to Kenyan Investors

Kenyan Investors will be allowed to buy shares in the Precision Air IPO, after all, in spite of earlier statement by Kenya Airways CEO Dr Titus Naikini, reports Business Daily Africa

Precision Air will sell 65% of its 55 million unauthorized shares. The airline is owned by Tanzianian businessman Michael Shirima(51%) and Kenya Airways(40%)
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