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GAZETTE NOTICE NO. 4676
GAZETTE NOTICE NO. 4676
THE TRANSFER OF BUSINESSES ACT
(Cap. 500)
REGISTRATION
NOTICE is given under section 3 of the Transfer of Businesses
Act (Chapter 500 of the laws of Kenya) that Big Five Breweries
Limited (Registration Number C.122888), of P.O. Box 39954–00623, Nairobi, Kenya (“the Proposed Transferor”), proposes to transfer
(subject to the fulfilment of certain conditions precedent) a portion of its plant, machinery and equipment (Sale Assets) to Wananchi
Breweries Limited (PVT-4RUB69R), of P.O. Box 46578–00100, Nairobi (“the Proposed Transferee”) pursuant to the terms of an Asset
Purchase Agreement entered into between the Transferor and
Transferee on the 19th February, 2024.
In the event that the conditions precedent to the Agreement are fulfilled, the Transferee intends to acquire the Sale Assets of the
Transferor on the completion date set out in the Agreement. All money, debts or liabilities due and owing by the Transferor in respect of the Sale Assets and the business of the Transferor up to the date of transfer as set out above shall be received and paid by the Transferor.
The Transferee will not assume nor is it intended that the Transferee shall assume any liabilities incurred by the Transferor with respect to its assets or business up to the date of transfer of the Sale Assets.
If the agreement is not completed, this notice shall be void ab initio and shall be of no effect.
The postal address of the Transferor is P.O. Box 39954–00623, Nairobi, Kenya with a copy to B. N. Machasio Advocates, Rhapta
Road, Westlands, P.O. Box 11683–00100, Nairobi. Email:
legal@bnmachasioadvocates.com
The postal address of the Transferee is P.O. Box 46578–00100, Nairobi, Kenya with a copy to Shah & Shah Advocates, Kimathi
Chambers, 3rd Floor, Kimathi Street, P.O. Box 45839–00100, Nairobi.
Email: vakils@shahandshahadvocates.com
Dated the 28th March, 2024.
B. N. MACHASIO, Advocates for Big Five Breweries Limited, (the Transferor).
SHAH & SHAH, Advocates for Wananchi Breweries Limited, MR/6162530 (the Transferee).
Dated the 28th March, 2024.
B. N. MACHASIO,
Advocates for Big Five Breweries Limited, (the Transferor).
Extracted Entities (2)
previous_gazette_ref
4676
person
Big Five Breweries Limited
Details
- Act / Legislation
- THE TRANSFER OF BUSINESSES ACT
- Reference
- Cap. 500
- Section
- section 3
- Signed By
- B. N. MACHASIO
- Title
- Advocates for Big Five Breweries Limited, (the Transferor)
- Date Signed
- 28th March 2024
- Page
- 43
- Extraction Method
- regex
Source Gazette
Vol. CXXVI No. 50
Published 9th February 2024