Penny stock under Rs 10: This micro-cap company collaborates with International Cricket Committee (ICC) team to revitalize cricket in Kenya!
The stock gave multibagger returns of over 200 per cent in just 2 years.
The senior management of Toyam Sports Ltd (TSS) and its subsidiary, Pacific Star Sports (PSS), were invited to meet with the International Cricket Council (ICC) team in Nairobi, Kenya. The meeting was held in the presence of several important figures, including Kenyan cricket legends, Kenyan county members, key members of the Kenyan female cricket team, the Deputy Commissioner of Sports at the Ministry of Sports Kenya, Cricket Kenya board members, led by the Chairman Mr Manoj N Patel, and pivotal sponsors. The ICC team, led by General Manager of Global Development William Glenwright, also attended the meeting. TSS-PSS was represented in Kenya by its COO, Mr. Ali Saeed Rizvi.
The aim of this meeting was to collaborate on revitalizing cricket in Kenya and restoring its former glory.
Commenting on the development, Ali Saeed Rizvi (COO – TSS) remarked “The fact that we were invited for the meet with ICC officials is in itself a testimony of our abilities in cricket (and athletes) development and promotion. Armed with our experience of successfully hosting several leagues across the globe, we remain confident of our mission to rejuvenate cricket in Kenya and propel it to new pinnacles of success via collaborative efforts. We (TSL-PSS combined) reaffirmed our commitment to offering, both, financial and technical assistance thereby nurturing local talent, developing essential infrastructure and organizing T10 and T20 cricket matches in Kenya. These initiatives are geared toward boosting the confidence of young Kenyan cricketers and honing their inherent skills. Our vision deeply resonates with, both, the ICC team and Cricket Kenya Board”.
Glenwright (GM Global Development – ICC) commented “Kenya is one of the key members in the world of cricket, owing to its rich heritage of the game by virtue of having reached the World Cup semi-finals in 2003, and having once held the One Day international status.”
Mr Manoj N. Patel (Chairman of Cricket Kenya) stated “Our commitment is to swiftly restore our former glory and this is our top priority. Partners like TSL-PSS are invaluable assets in this redevelopment program."
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Today, shares of TSS surged 3.59 per cent to an intraday high of Rs 9.80 per share from its previous closing of Rs 9.46 per share. The company has a market cap of over Rs 500 crore.
The stock gave multibagger returns of over 200 per cent in just 2 years. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.