Catalyst Principal Partners signed an agreement to acquire 95% stake in Chai Bora Limited from Transcentury Group on October 12, 2012. Chai Bora Limited had revenues of KES 0.98 million and net income of KES 0.48 million in year 2011. The deal is expected to be completed by January, 2013.

Catalyst Principal Partners completed the acquisition of 95% stake in Chai Bora Limited from Transcentury Group in December 2012. As of January 16, 2013, all the necessary regulatory approvals were received.