Eaagads Limited

Eaagads Limited

Founded	1946
Website	www.eaagads.co.ke

Eaagads Limited is a Coffee company in Kenya. It has headquarters in Nairobi and farms in Kiambu county. Eaagads Limited was incorporated in 1946 [1] and is listed on the Nairobi Securities Exchange and trades under the symbol EGAD.[2]

Eaagads is engaged growing, blending, and selling of coffee products both locally and in the international market. It is controlled and managed by Kofinaf Company Limited, a company registered in the Republic of Kenya.[3] Kofinaf holds 61.74% of the share capital of Eaagads [4]

In 2010, the company sold some of its land to Tatu City, a property development project by Moscow-based Renaissance Partners. This led to a price rally of the companies shares of 63.5% driven by investor expectations of huge gains from Kenya's booming real estate sector.[5] This rally come to an end when the firm's management clarified that Eaagads was not part of the Tatu City Project and would continue to operate as a Coffee company.[6]

See also

• Nairobi Stock Exchange

External links

• Nairobi Securities Exchange
• Rich Management Archived 2023-06-18 at the Wayback Machine

References

1. Eaagads Ltd. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
2. NSE Listed Companies
3. "Eaagads Limited 2012/13 Annual Report" (PDF). Rich Management. Eaagads Limited. March 31, 2013. p. 37. Archived from the original (PDF) on August 10, 2014. Retrieved August 6, 2014.
4. "Eaagads Limited 2012/13 Annual Report" (PDF). Rich Management. Eaagads Limited. March 31, 2013. p. 8. Archived from the original (PDF) on August 10, 2014. Retrieved August 6, 2014.
5. "SBA Market Data | login". thesba-group.com. Archived from the original on 2016-03-04. Retrieved 2017-08-23.
6. "Tatu City clarification halts Eaagads share rally". Business Daily. Retrieved 2017-08-23.