July 24, 2017 12:58 PM ET


Company Overview of Longhorn Publishers Limited

Company Overview

Longhorn Publishers Limited publishes and sells educational and general books in Kenya, Uganda, Tanzania, Malawi, and Rwanda. The company was formerly known as Longhorn Kenya Limited and changed its name to Longhorn Publishers Limited in December 2014. Longhorn Publishers Limited was incorporated in 1965 is based in Nairobi, Kenya.

Funzi Road

Industrial Area

PO Box 18033

Nairobi,  00500


Founded in 1965


254 2 6532579

Key Executives for Longhorn Publishers Limited

Longhorn Publishers Limited does not have any Key Executives recorded.

Longhorn Publishers Limited Key Developments

Longhorn Stops Head Office Sale Plan

Longhorn Publishers Ltd. (NASE:LKL.O) has stopped the sale of its head office following protests from activist minority shareholders. Longhorn had planned to raise at least Sh500 million by disposing of the land and property along Funzi Road in Nairobi’s Industrial in six to 12 months. “It was resolved by more than three-fourths majority not to pass the resolutions in relation to the sale of the company’s property known as LR 209/5604,” Longhorn said in a filing to the regulators on the outcome of the shareholders’ meeting.

Longhorn Publishers Ltd., Annual General Meeting, Oct 28, 2016

Longhorn Publishers Ltd., Annual General Meeting, Oct 28, 2016, at 11:00 E. Africa Standard Time. Location: Hilton Hotel Mama Ngina Street Nairobi Kenya Agenda: To approve the minutes of the Annual General Meeting held on December 21, 2015; to consider and adopt the financial statements for the financial year ended June 30, 2016 together with the chairman’s statement, and the directors and auditors reports; and to approve the payment of a first and final dividend of KES 0.35 per share in respect of the financial year ended June 30, 2016 as recommended by the directors.

Longhorn To Sell Its Head Office

Longhorn Publishers Ltd. (NASE:LKL.O) is looking to sell its head office for KES 500 million. Sale of the 2.2-acre land in Nairobi’s Industrial Area is expected to be concluded in 6 months to 12 months. “Subject to the company complying with all relevant laws and regulations, the shareholders of the company do hereby approve and authorize the sale, of all that property known as LR 209/5604,” reads a special resolution to be put before Longhorn’s shareholders at the October 28, 2016, annual general meeting. Simon Ngigi, Chief Executive Officer of Longhorn said, the land sale is informed by the need to increase investments in higher-return publishing fields. “The land sale is part of our strategy to get rid of idle assets. We have more opportunities in our publishing business that will generate higher returns faster than just holding the property," he added.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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