The sports category has moved to a new website.
ADVERTISEMENT

Kenya Power announces change of company name

No longer Kenya Power and Lighting Company Limited

Acting Kenya Power MD & CEO Eng Jared Othieno at a past media briefing event. Kenya Power and Lighting Company announces change of company name from Ltd to PLC

The Kenya Power and Lighting Company on Wednesday published a public notice highlighting a change in the company name.

The notice published in local dailies outlined that shareholders had agreed on the name change and the necessary certification had been obtained to that effect.

"Notice is hereby given that The Kenya Power and Lighting Company Limited has changed its name to The Kenya Power and Lighting Company PLC, following due approval by shareholders and on receipt of the certificate of change of name issued by the Registrar of Companies," the notice read.

ADVERTISEMENT

Difference between PLC and Ltd

The slight change in name has bigger implications on the operations of Kenya's only electricity distributor.

PLC in full stands for Public Limited Company while "Ltd" is interpreted as a Private Limited Company.

A PLC company is allowed to trade shares in the stock exchange market without seeking approval from the company shareholders while a private limited company can only trade shares if the shareholders agree to do so, and they are normally traded between close associates of the company.

ADVERTISEMENT

The new change is yet to reflect on Kenya Power's official communication channels.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Why Kenya has been chosen to help EU deal with dangerous rebels in Yemen

Why Kenya has been chosen to help EU deal with dangerous rebels in Yemen

Alternative saccos Forward Travellers' passengers can use after NTSA ban

Alternative saccos Forward Travellers' passengers can use after NTSA ban

Ruto addresses mūgūka ban & commits Sh500 million

Ruto addresses mūgūka ban & commits Sh500 million

CCTV footage shows moments before U.S. Embassy engineer was shot outside Kiambu club

CCTV footage shows moments before U.S. Embassy engineer was shot outside Kiambu club

Food & other expenses U.S. presidents pay from their pockets - What Kenya can learn

Food & other expenses U.S. presidents pay from their pockets - What Kenya can learn

How much Kenya Airways tickets could have cost for Ruto's U.S. trip - Report

How much Kenya Airways tickets could have cost for Ruto's U.S. trip - Report

Another county imposes ban on  sale and consumption of muguka

Another county imposes ban on sale and consumption of muguka

Former president Kenyatta to lead 60-member team for AU duty in South Africa

Former president Kenyatta to lead 60-member team for AU duty in South Africa

Reactions to Ruto's remarks that his private jet to U.S. was cheaper than travelling on KQ

Reactions to Ruto's remarks that his private jet to U.S. was cheaper than travelling on KQ

ADVERTISEMENT