GAZETTE NOTICE NO. 14241

NOTICE is given under the Transfer of Businesses Act (Chapter 500, Laws of Kenya) that the stationery manufacturing and trading business carried on by Economic Industries Limited (Company Number C.74250) (“Transferor”) at Post Office Box Number 971– 00606 Nairobi, will, subject to the fulfilment of certain conditions precedent, be transferred to Kenafric Manufacturing Limited (Company Number PVT/2016/019004) (“Transferee”) pursuant to the terms of a business and asset transfer agreement entered into between the Transferor and Transferee on 16 October 2024 (the "Agreement"). In the event that the conditions precedent to the Agreement are fulfilled, the Transferee intends to acquire the assets. All money debts or liabilities due and owing by the Transferor in respect of the stationery and books manufacturing and trading business of the Transferor’s business up to the date of transfer as set out above shall be received and paid by the Transferor. Save as specifically provided in the Agreement, the Transferee will not assume nor is it intended to assume any liabilities incurred by the Transferor with respect to its assets or business up to the date of transfer. If the Agreement is not completed, this notice shall be void ab initio and shall be of no effect. The address of the Transferor is at Post Office Box No. 971– 00606, Nairobi, Kenya with a copy to Waringa Njonjo c/o Muthaura Mugambi Ayugi & Njonjo, Advocates, 4th Floor, Wing B, Capitol Hill Square, Upperhill, off Chyulu Road, Nairobi, P. O. Box 8418– 00200, Nairobi, Kenya (email: wnjonjo@mman.co.ke.com). The address of the Transferee is at Post Office Box Number 10643-00100 Nairobi, Kenya with a copy to Vruti Shah c/o Coulson Harney LLP, Advocates, 5th Floor, ICEA Lion Centre, Riverside Park, Chiromo Road, Nairobi, P.O. Box 10643–00400, Nairobi, Kenya (email: vruti.shah@bowmanslaw.com). Dated the 23rd October, 2024. Economic Industries Limited Transferor KENFRIC MANUFACTURING LIMITED, MR/6539791 Transferee.