At the opening of the mall today by President Uhuru Kenyatta Chinese ambassador spoke about this been one of chinese biggest investments in Kenya.He spoke on behalf of AVIC.
Several managers of Old Mutual properties/South Africans were also present.
The total investment in Two Rivers mall is $270mn.
For this mall the chinese and Old Mutual properties really pressed hard on Centum as they were desperate for someone to bail them out to complete the mall.
That is why James Mworia body language wasn't inspiring.Shareholders of Centum biggest losers.
The shareholding of the mall is as follows;
Old Mutual Properties---50%
Centum---29%
AVIC---18.9%
ICDC---2.1%
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle