Olympia Capital Holdings

Olympia Capital Holdings
Type	Public company; NSE: OCH
Industry	Manufacturer, interior, construction
Founded	1968
Headquarters	L.R. No 209/5532, Off Nanyuki Road, Industrial Area Nairobi ^[1], Kenya
Area served	Sub-Saharan Africa
Key people	Michael Matu CEO ^[2]
Products	PVC, pumps, floor tiles, tyres
Revenue	KES 501 Million (2013/14)^[3]
Net income	KES 45 Million (2013/14)
Total assets	KES 1.576 Billion (2013/14)^[4]
Website	www.olympiacapital.co.ke

Olympia Capital Holdings Limited is a holding company comprising several businesses in East and Southern Africa.

Location

The company's headquarters are located in Nairobi, Kenya, with subsidiaries in Kenya, Botswana and South Africa. The company is listed on the Nairobi Securities Exchange (NSE) and trades as OCH. In addition to the NSE listing, its Botswana subsidiary Olympia Capital Corporation is listed on the Botswana Stock Exchange.

Overview

The company was originally established in Kenya as Dunlop Kenya Limited, a branch of Dunlop United Kingdom; in 2004, the company group was established as Olympia Capital Holdings Limited.

Its corporate direction is toward increasingly diversified manufacture of building materials and home improvement goods such as aluminum window frames, rubber products, curtains and food processing.

Member companies

Olympia has significant ownership stakes in various firms including:^[5]^[6]

Dunlop Kenya Limited – Nairobi, Kenya 100% shareholding - The largest manufacturer of vinyl floor tiles and vinyl sheeting in East and Central Africa; its website states that it is the foremost vinyl floor tile manufacturer in Sub-Saharan Africa.^[7]
Mather + Platt Kenya Limited – Nairobi, Kenya, 56.70% shareholding - Incorporated in 1972, the company is a leading fire and mechanical engineering contracting company as well as distributors of high quality pumps in East Africa.^[8]
Avon Rubber Company (K) Limited – Nairobi, Kenya, 47.50% shareholding - Manufacture and sale of industrial rubber.
Olympia Capital Corporation – Gaborone, Botswana, 50.50% shareholding - Holding company for the Southern Africa Operations. Listed on the Botswana Stock Exchange.
Kalahari Floor Tiles Pty – Gaborone, Botswana 100% Shareholding through Olympia Capital Corporation - The largest manufacturer of vinyl floor tiles and vinyl sheeting in Southern Africa. It is also involved in home improvement goods such as aluminum window frames, rubber and curtains.
Gaborone Enterprises (Pty) Limited – Gaborone, Botswana, 100% shareholding through Kalahari Floor Tiles Pty - Industrial Property holding company.
Tiespro (171) Trading Pty Ltd/a Natwood Africa – Cape Town, South Africa Held through Olympia Capital Corporation- Suppliers of home, bathroom and kitchen fittings and accessories.^[9]

Suspension on The Botswana Stock Exchange

In October 2013 the Botswana Stock Exchange-listed subsidiary of Olympia Capital Holdings was suspended from trading. The subsidiary, which owns the bulk of Olympia Capital Holdings' productive assets, was suspended because it has failed to supply the exchange and its shareholders with audited financial statements.^[10]

Olympia Capital Corporation was previously suspended from trading on the Botswana Stock Exchange in August 2009 after it failed to report a loss of P17 million in its February 2009 annual report.^[11]

Ownership

The Shares of Olympia Capital Holdings are listed on the Nairobi Stock Exchange (NSE). The shareholding of OCH is as follows:^[12]

Olympia Capital Holdings stock ownership

Rank	Name of owner	Percentage ownership
1	Dunlop Properties Limited	18.79
2	Paul Wanderi Ndungu	11.35
3	Karen Enterprises Limited	9.83
4	First Ten Limited	5.90
5	CFC Stanbic Nominees (K) Limited	4.75
6	Others via Nairobi Securities Exchange	49.38
	Total	100.00

External links

References

This article is issued from Wikipedia - version of the Saturday, December 27, 2014. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.