CENTUM PUZZLE
1.Centum owns 100% of TRD which owns nothing but 100% of TRLC
2.TRLC assets are nothing but 102 acres in Ruaka plus the development therein
3.The 102 acres plus developments therein are known as Two Rivers
4.In 2014,Centum sells 42% shares in TRD to AVIC & ICDC for a total of $75mn
5.AVIC & ICDC now own & control 42% of TRD assets which are just TRLC or Two Rivers
6.Centum now own& control 58% of TRD assets which are just TRLC or Two Rivers
7.In 2016,TRLC sells 50% of Two Rivers,it's only asset to Old Mutual for $63mn
IF true,Centum Inv's investment in a Vision 2030 flagship project dropped from 100% to 29% in >2yrs
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle