VituVingiSana wrote:What idiocy!
GoK should have just allocated all Rights to the Minority Shareholders... After all the hassle & drama... GoK only sold 160mn Rights = KES80mn [before commissions]
minority shareholders seem to be like the ones who will benefit in terms of extra allocation of the rights. i say this because the pro-rata basis will be used in the 'excess allocation'. if someone remembers the kengen IPO then you should understand this.
i am seeing a case of everyone being guaranteed a minimum of 1000 of the extra rights they apply for.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'