Renegade wrote:This barrel will soon have no bottom. Demolition will be the last straw. You can be sure the chief will find a way of ensuring that the assets that will be destroyed (and compensated) were all his, not owned together with the minority shareholders.
I checked & I have been telling sameer africa shareholders... The building & land for the new biz park belongs 75% to merali & 25% to SameerAfrica.
Which means if the buildings are demolished & land taken then all SameerAfrica will get will be peanuts [after paying off the loans]...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett