BOC Kenya Limited
| Company type | Public |
|---|---|
| KN: BOC | |
| Industry | Mafufacture of medical & industrial gases |
| Founded | 9 December 1940 in Mombasa, Kenya |
| Headquarters | Nairobi, Kenya |
Key people | Ngungi Kiuna Chairman Millicent Onyonyi Executive Director[1] |
| Products | List
|
| Revenue |  Aftertax: KES:101,255,000 (US$1,017,000) (H1:2013) |
| Total assets | KES:1.975 billion (US$19.84 million) (H1:2013) |
| Website | Homepage |
BOC Kenya plc (BOCKL), also BOC Kenya, is a manufacturing company in Kenya. The company manufactures and markets industrial and medical gases.[2]
Location[edit]
The company headquarters are located on Kitui Road, in the Industrial Area of Nairobi, Kenya's capital and largest city. The coordinates of the company headquarters are: 1°18'18.0"S, 36°51'02.0"E (Latitude:-1.304990; Longitude:36.850546).[3]
Overview[edit]
BOCKL is a subsidiary of the Linde plc, an international manufacturing and engineering conglomerate founded in Germany in 1879, with subsidiaries in over 100 countries.[4] The company is involved in the production and sale of industrial and medical gases, welding products, power tools and medical equipment.[1][5][6]
History[edit]
In December 2005, BOC Kenya plc attempted to take over the shareholding in Carbacid Investments, with the aim of making it a wholly owned subsidiary. However, BOC Kenya did not receive the 80 percent acceptance threshold from Carbacid shareholders, managing only 71 percent. This led to a dispute between BOC Kenya and the Capital Markets Authority. Both the BOC Kenya and Carbacid stocks remained suspended from trading on the NSE from 2005 until 2009 when the hostile takeover offer had lapsed.[7]
Subsidiaries[edit]
BOCKL maintains the following registered subsidiaries:[1]
- BOC Tanzania Limited – Dar es Salaam, Tanzania
- BOC Uganda Limited – Kampala, Uganda
- Kivuli Limited – Mombasa, Kenya
- East African Oxygen Limited – Dormant
Ownership[edit]
The shares of BOC Kenya plc are listed on the NSE, where they trade under the symbol BOC. The shareholding in the stock of the company are illustrated in the table below:[8]
| Rank | Name of Owner | Percentage Ownership |
|---|---|---|
| 1 | BOC Holdings 1 | 65.38 |
| 2 | Institutional & Private Investors at NSE | 34.62 |
| Total | 100.00 |
BOC Holdings is a wholly owned subsidiary of Linde Group.
See also[edit]
References[edit]
- ^ a b c Herbling, David (7 April 2016). "BOC Kenya maintains dividend payout despite 35.2pc profit drop". Business Daily Africa. Nairobi. Retrieved 7 April 2016.
- ^ "Profile of BOC Kenya plc". Reuters.com. 7 April 2016. Archived from the original on 19 April 2016. Retrieved 7 April 2016.
- ^ Google (7 April 2016). "Location of the Headquarters of BOC Kenya plc" (Map). Google Maps. Google. Retrieved 7 April 2016.
- ^ TLG (8 April 2016). "About The Linde Group". Munich: The Linde Group (TLG). Retrieved 8 April 2016.
- ^ Juma, Victor (19 August 2016). "BOC Kenya chief Maria Msiska to leave after five years at helm". Business Daily Africa. Nairobi. Retrieved 8 April 2016.
- ^ Market News (30 November 2015). "BOC Kenya appoints A South African to the Board". Nairobi: Kenyanwallstreet.com. Retrieved 8 April 2016.
- ^ Business Daily Reporter (2010). "BOC targets Carbacid's carbon business after takeover bid flop". Business Daily Africa. Nairobi. Retrieved 7 April 2016.
{{cite web}}:|last=has generic name (help) - ^ "BOC Kenya 2013 Annual Report" (PDF). BOC Kenya plc. 31 December 2013. Retrieved 24 April 2016.