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Originally published by Capital Businessbusiness
August 26, 2025
3h ago
Kenya’s oldest bus and truck body maker LSHS put on auction over Sh1.1bn debt
Phillips International Auctioneers, acting under instructions from the company’s joint administrators, have invited sealed bids for LSHS’s prime 5-acre industrial property in Syokimau, Machakos County. Kenya breaking news | Kenya news today |..
✨ Key Highlights
Labh Singh Harnam Singh Ltd (LSHS), Kenya’s oldest truck and bus body manufacturer, is being auctioned off to recover a Sh1.1 billion debt owed to KCB Group. Its assets, including a 5-acre industrial property in Machakos County, are up for sealed bids.
- Most important fact or figure from the article: LSHS assets are being auctioned to recover a Sh1.1 billion debt.
- Key person or organization involved: KCB Group and Phillips International Auctioneers.
- Notable detail that adds context: Bids for the property and machinery must be submitted by September 24, 2025, by 11:00 AM.
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