The Star ­ Thursday
Date: 03.07.2014
Page 42
Article size: 45 cm2
ColumnCM: 10.0
AVE: 17600.0
GEMS to get
second player
by December
BY CONSTANT MUNDA
THe Growth Enterprise
Market Segment of rhe
Nairobi bourse launched in
2013 is set to get a second
listing by December.
Mauritian­based Flame
Tree Group has appointed
transaction advisers for
its planned listing on the
GEMS by introduction.
Burbidge Capital has
landed a role as lead
advisor while Coulson
Harney and PKF Kenya
arc legal advisers and
reporting accountants,
respectively.
"\X'e have had
discussions with the
NSE," Burbidge Capital
chief executive Edward
Burbidge said in a
telephone interview.
Flame Tree has interests
in fast moving consumer
goods in Kenya, Dubai,
Rwanda, Ethiopia, Sudan
and Mozambique.
Ipsos Kenya ­ Acorn House,97 James Gichuru Road ­ Lavington ­ Nairobi ­ Kenya