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Showing posts from November, 2006

Stanbic Bank Uganda IPO November 24th to December 22nd 2006

Stanbic Bank (U) Ltd opened the initial public offer (IPO) to sell 20% of its shares to the public on Friday 24th November 2006. The IPO will be close on December 22nd 2006 and shares are expected to begin trading on the Uganda Securities Exchange about January 25th 2007. The IPO share price has been set at Shs 70 and the Bank hopes to raise Shs 70b from the IPO. Stanbic Bank has been the most profitable bank in Uganda in the recent past. The bank has also successfully managed the integration of its business with the former Uganda Commercial Bank Ltd (UCBL) which it acquired during a re-privatization process. To down load the IPO prospectus and application form please click here http://www.stanbicbankipo.com/downloads.html If you need to talk to a broker then mail peterm@renaissance.co.ug or info@mbea.net

Book now for Seminar on Buying & Selling Shares

Akamai Uganda in Association with Renaissance Capital presents a practical investment seminar on the topic ‘ Understanding Selling & Buying Shares’ During the seminar we will answer questions like:  How does one gain by buying or selling shares?  Why is it that when I buy shares now I will not have the same experience like those who bought Green Land shares in the 1990s?  How can investor take advantage of both falling and rising share prices?  And the BIG ONE – is it worthwhile to buy shares of STANBIC Bank and how little money is required to do so? Come and learn more about the exciting investment opportunities on the Uganda Securities Exchange. Date: Saturday 25th November 2006 Time: 8:00 am – 11:00 am Venue: Anisha Hall, Hotel Equatorial, Kampala Fee: U Shs 15,000 per person (including breakfast) To book and Pay Please contact James/Joy Room 6, UCIL Building UMA Showground Lugogo Tel. 0712472109/0751516118 Email: akamaiuganda@yahoo.com Blog: www.jhabola.blogspot.com Ak