Scangroup board suspends CEO and CFO

Shareholders of listed marketing and communications firm, Scangroup, lost 147 million shillings in market wealth during Friday’s trade as the company’s share price fell by 6.1% to close the day at 5 shillings and 60 cents. The decline in the share price was precipitated by news of the suspension of the Chief Executive Officer and the Chief Financial Officer on Friday morning.
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