Scangroup board suspends CEO and CFO

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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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