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GAZETTE NOTICE NO. 18339

GAZETTE NOTICE NO. 18339

THE TRANSFER OF BUSINESSES ACT

(Cap. 500)

TRANSFER


NOTICE is given under section 3 and 4 the Transfer of Businesses Act, that the paint manufacturing business carried on by Galaxy Paints and Coatings Limited (Company No. C.8961) (the Transferor) will, subject to the fulfillment of certain conditions precedent, be transferred to Bio Coat Limited (Company No. PVT-27ULPMLB) (the Transferee) pursuant to the terms of a transfer of business agreement entered into between the Transferor and the Transferee on 25th August, 2025 (the Agreement). If the conditions precedent to the Agreement are fulfilled, the Transferee intends to acquire the business of the Transferor on the date set out in the Agreement. The Transferee shall from that date carry on the business at the same premises. All money, debts or liabilities due and owing by the Transferor in respect of the businesses of the Transferor 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. If the Agreement is not completed, this notice shall be void ab initio and shall be of no effect. Any person with a claim against the Transferor in respect of the business to be transferred may submit the same in writing, with supporting documentation to the Transferor and the Transferee at the addresses below within sixty (60) days of this publication. The address of the Transferor is at, Galaxy Paints and Coatings Limited, P.O Box 30452–00100, Nairobi, Kenya, with a copy to Raffman, Dhanji, Elms & Virdee Advocates LLP of 163, James Gichuru Road, Lavington and P.O Box 10719–00100, Nairobi, Kenya (e-mail: samrita@rev.co.ke). The address of the Transferee is at, Bio Coat Limited whose principal office is at 2nd Floor, Keystone Park, Riverside Drive, Nairobi, Kenya, with a copy to Jared Kangwana & Co., Advocates t/a Clyde and Co, Keystone Park, Block B, 2nd Floor and P.O Box 14816–00800, Nairobi, Kenya (e-mail: kevin.owino@clydeco.com). Dated the 3rd December, 2025. for and on behalf of for and on behalf of GALAXY PAINTS AND COATINGS LIMITED BIO COAT LIMITED Transferor Transferee MR/7897508

Dated the 3rd December, 2025.

Extracted Entities (1)

previous_gazette_ref

18339

Details

Act / Legislation
THE TRANSFER OF BUSINESSES ACT
Reference
Cap. 500
Section
section 3
Date Signed
3rd December 2025
Page
56
Extraction Method
regex