Hunderwear wrote:bartum wrote:@hunderwear,do you mean muramati owns equity bank-memba?????? Quoting what you just said.
. They already own over 25% of
Equity.
I meant foreigners.I foresee the same happening to Unaitas with the influx of P.E. firms in E Africa due to oil discovery.That wil ofcos happen after the conversion into a commercial bank.The future can never be written for these enterprises.You need goggles coz it is too bright
Currently, the maximum shareholding is 100,000 shares worthy KSh 1 million.
I think UNAITAS should repeat that aborted 2010 share sale process but follow the law this time around. They should also close the register and consequently remove that 1m cap on investment shares. With a closed register those who would like to get a piece can get it via the OTC market and also allow some price discovery.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison