The Treasury may sell off some of its shares in East African Portland Cement Company to comply with the regulations which require that listed firms have at least 25 per cent of their shares available for trading by the public.

A Government taskforce set up in August last year noted that only six per cent of cement maker’s shares were available for trading by the public.

“EAPCC should comply with the provisions of the CMA Act by increasing the publicly traded shares to the requisite threshold,” said the taskforce in recommendations.

The taskforce was appointed to review the State Corporations Act and bring it in line with provisions of the new Constitution.