Mumias Sugar Company Ltd
MUMIASManufacturing & Allied
high Risk
About the Company
Mumias Sugar Company was Kenya's largest sugar miller, producing approximately 42% of national output at its peak. It was placed under receivership by KCB Bank in September 2019 following failure to service debts of approximately KSh 12.5 billion. Trading of Mumias shares on the NSE was suspended indefinitely and the company has been on the delisting watchlist since.
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