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Bolt, The Shrewd Investor

Olympian Usain Bolt will increase his share-holding in entertainment ventures, including Fiction nightclub and Tracks & Records restaurant, to 10 per cent once the KLE Group goes public this month.

Bolt, via his Sherwood Holding Limited, will increase shareholding from 9.25 per cent to 10 per cent, totalling 10 million shares worth J$37 million, according to the Kingston Live Entertainment (KLE) prospectus issued this week. Read more on Jamaica Gleaner.

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