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Kenya Airways Issues Cautionary Announcement


The Kenya Airways has issued a Cautionary Announcement to the public on the 7th June 2017. According to the notice publishes in the Dar Stock Exchange’s website, the announcement has been issued with the full approval of the Capital Market Authority pursuant to the Capital Market (securities) (Public Offers, Listing and Disclosure), regulations, 2002 as amended; as a matter of policy the capital market authority assumes no responsibility for the correctness of the statements appearing in the announcement.
In their statement the company confirms that it is in advanced stages of discussion with its stakeholders to recapitalize its balance sheet and secure additional near term liquidity in order to place itself on a stronger footing and enhance its long term prospects.
 

 

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