Ex-Scangroup boss seeks board ouster at AGM next week
Kenya has witnessed fewer instances of activism, with cases of minority investors pushing publicly for change they believe will shore up profits and share prices being rare. ...


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Data as of Jun 02, 2026

In The News

Kenya has witnessed fewer instances of activism, with cases of minority investors pushing publicly for change they believe will shore up profits and share prices being rare. ...


WPP-Scangroup Plc will on June 8 hold an annual general meeting that will see minority shareholders, including Thakrar, seek the ouster of the entire board of the marketing and com ...


WPP Scangroup's 8 June AGM puts board removal resolutions to shareholders after three targeted directors exit and WPP's Group Finance Director joins the board.


WPP Scangroup founder mounts what could be Kenya's first board removal campaign at an NSE firm, targeting all nine directors over five years of losses.


WPP Scangroup PLC is facing a high-stakes leadership crisis as minority shareholders, led by founder and former CEO Bharat Thakrar, have formally moved to oust the company’s current board of directors


Mr Thakrar was the founder and CEO of Scangroup until his removal in 2021 over alleged and unspecified gross miscon-duct, triggering a court fight.


The Board of Directors of WPP Scangroup PLC has released its report for the fiscal year ended December 31, 2025


The audited financial results for WPP Scangroup PLC for the fiscal year ended December 31, 2025, saw Scangroup’s revenue fall by 16


WPP Scangroup posted a 713.67M loss in FY25 as revenue fell 16.3% to 2.04Bn, cash collapsed 60%, and Tanzania operations wound down on a non-going-concern basis


WPP Scangroup had reported an improved loss position of Sh208.3 million in the first half of the year to June 2025 compared to a loss of Sh252.3 million over the same period last y ...


WPP Scangroup warns 2025 earnings will fall at least 25%, marking a third straight profit warning amid client losses, restructuring and weak spending.

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