KCB RIGHTS ISSUE

Tired of IPOs......a right issue is the way to go.For those new to the stock market jargon a right issue is usually offered to existing shareholders at a discount{price below market price} on a pro-rata basis depending on the investors equity.The current KCB issue offer at sh.17 is below the MPS{market price} at sh.18.60.This is the biggest rights issue in the East African market making KCB the most capitalized bank in the region.Shareholders who won't take up their rights can always trade them at the stock market.HINT:For short-term investors subscribe to the offer and trade the shares later at the bourse.So young people drop the attitude.......& start investing/creating employment opportunities.For those yet to subscribe APPLY NOW!!