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GAZETTE NOTICE NO. 10494
GAZETTE NOTICE NO. 10494
THE TRANSFER OF BUSINESSES ACT
(Cap. 500)
TRANSFER
NOTICE is given under the Transfer of Businesses Act, that the mining business (together with the assets of the mining business) carried on by ARM Cement PLC (Company Number C. 19/97)
(“transferor”) at P.O. 41908-00100, Nairobi, Kenya, will subject to the fulfilment of certain conditions precedent be transferred to ARM
Minerals and Chemicals Limited C. 163805 (“transferee”) pursuant to the terms of a Business and Asset Transfer Agreement (the
“agreement”).
The address of the Transferor is ARM Cement PLC at Vale Close, Ring Road Parklands, Westlands and P. O. Box 41908-00100, 5th Floor, ICEA Lion Centre, Riverside Park, Chiromo Road, Nairobi, P. O. Box 10643-00400, Nairobi, Kenya.
The address of the Transferee is ARM Minerals and Chemicals
Limited at Vale Close, Ring Road Parklands, Westlands and, P.O.
Box 41908-00100, Nairobi, Kenya.
In the event that the conditions precedent to the Agreement is - fulfilled, the Transferee intends to carry on the mining business
(together with the assets of the mining business) from its offices. All money debts or liabilities due and owing by the Transferor in respect of the mining business (together with the assets of the mining business) 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 to assume any liabilities incurred by the Transferor in the mining business (together with the assets of the mining 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.
Dated the 29th September, 2017.
ARM CEMENT PLC, Transferor.
ARM MINERALS AND CHEMICALS LIMITED, MR/3593719 Transferee.
Dated the 29th September, 2017.
ARM CEMENT PLC,
Transferor.
Extracted Entities (1)
previous_gazette_ref
10494
Details
- Act / Legislation
- THE TRANSFER OF BUSINESSES ACT
- Reference
- Cap. 500
- Signed By
- ARM CEMENT PLC
- Title
- Transferor
- Date Signed
- 29th September 2017
- Page
- 33
- Extraction Method
- ocr-fallback
Source Gazette
Vol. CXIX No. 155
Published 18th March 2017