OUR EXPERIENCE: RECENT

Home   /   Our Experience

Our team members have recently been involved in the following corporate transactions and other assignments, in different capacities:

  • We were the legal advisors to Centum Real Estate Limited in its issue of a KES 4 Billion Zero-coupon Equity Linked Bond (with a KES 2 Billion Greenshoe option), to be listed on the Nairobi Securities Exchange
  • We acted for GenAfrica Asset Managers Limited in the set-up of a KES 10 Billion property fund, including obtaining regulatory approvals from the Capital Markets Authority and the Retirement Benefits Authority.
  • We provided legal advisory services to UAP Properties Limited (South Sudan), in relation to the supply and installation of a Solar PV Plant in Juba, South Sudan, including review of the Build Operate Transfer Agreement, identification of potential risks and legal advisory on addressing those risks.
  • We are currently acting for a local fund manager in the setting up of a USD 20 Million Development Real Estate Investment Trust (D-REIT), including drafting and review of the fund documents, advising on the registration process and making all necessary registration applications, and providing general legal support in the formation of the trust and acquisition of assets.
  • We assisted Jubilee Financial Services Limited, a fund manager licensed by the Capital Markets Authority, by drafting templates for all agreements required in the provision of fund management services and providing legal advice on laws and regulations applicable to fund managers.
  • We acted for Cytonn Asset Managers Limited in the setup of its Kenya Shillings and United States Dollars denominated money market funds, including drafting and review of the necessary documentation, registration of the funds with the CMA and provision of legal advisory in application for a manager’s license from the RBA.
  • We provided legal advisory services to Nairobi Bottlers Limited and representation in administrative proceedings before the Competition Authority of Kenya in relation to consumer welfare matters.
  • We are legal advisors to Kenya Wine Agencies Limited (KWAL) on implementation of the Data Protection Act, 2019, including preparation of a compliance matrix and provision of recommendations for internal use in ensuring compliance.
  • We advised Sayani Investments Limited in its investment in IX Africa Data Centre Limited, East Africa’s largest data hub campus providing cloud and carrier-neutral data center services. This transaction involved reviewing the subscription and shareholders' agreement for FFP IX Africa, a company domiciled in Mauritius, and subsequently , reviewing the investment and shareholders' agreement for IX Africa Data Centre and its holding company, IX Africa Mauritius
  • We acted for Shangdong Hi-Speed Road & Bridge Company Limited, a company based in China, in conducting a due diligence on Hass-Consortium GVR Infra Limited, a public-private partnership SPV,  in relation to a proposed acquisition of the SPV
  • We provided legal advisory services to Two Rivers Development Limited in its issues of KES 1.8 Billion and KES 2 Billion Commercial Papers.
  • We acted for GenAfrica in the restructuring of its employee benefit trust.
  • We undertook a legal, compliance and governance audit for the Centum Group comprising of Centum Investment Company Plc , a public company listed on the Nairobi Securities Exchange, and its wholly owned subsidiaries, to establish compliance with all laws, regulations and standards applicable to the Group, and developed a compliance matrix for internal use in tracking compliance.
  • We undertook a legal, compliance and governance audit for Limuru Tea Plc, a public company listed on the Nairobi Securities Exchange in Kenya, to establish compliance with all laws, regulations and standards applicable to the company. We developed a compliance matrix for internal use in tracking compliance and gave recommendations on how the company can ensure full compliance.
  • We advised Orbit Products Africa Limited in its issue of a USD 15 Million Commercial Paper through a private placement.
  • We are legal advisors on the privatization of four State-owned enterprises in Kenya, in the hospitality industry and beverage manufacturing.
  • We advised EFFCO Solutions Kenya Limited in its issue of a USD 2 Million Commercial Paper through a private placement.
  • We advised minority shareholders of Unga Group Plc in a take-over bid by Seaboard Corporation, on their rights, protections and remedies as minority shareholders.
  • We are currently acting for a local fund manager in setting up a USD 100 Million property fund in Kenya, including advising on the optimal legal and tax structure, drafting and review of the fund documents, obtaining regulatory approvals including notification to the Capital Markets Authority, registration of the fund vehicles and providing general legal support throughout the process.
  • We acted for Ascent Rift Valley Capital in conducting legal due diligence on a chain of fast-food restaurants in relation to a proposed acquisition of the chain, including a comprehensive review of all potentially relevant legal issues in the context of the proposed transaction.