Khaby Lame sells major stake in Step Distinctive for up to Sh125 billion

Under the deal, Rich Sparkle Holdings acquired Step Distinctive Limited, in which Lame holds a 49 per cent stake, by issuing 75 million shares

TikTok sensation Khaby Lame has sold a major stake in his primary operating company, Step Distinctive Limited, in a deal valued at approximately Sh116–125 billion ($900–975 million) with Hong Kong-based Rich Sparkle Holdings.