IFC to take 10%.. Just wondering from where? are they a shareholder?

LINK

You might be interested to know that the shareholder who filed the case against KQ, Prakash Gadani, at one point owned 1.5% of Olympia. His Family then (2007) owned 4.24% of the company. As by the 2011 Annual Report though, a Rakesh Gadani only had 0.6% of the total shares.

Good thing they sold off if you ask me...


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While we are on the subject of Kenyan Airlines, the only thing that excites me about Kenya Airways is that song that they have been playing on the background of their ads (including the RI ads) for over a decade. Anyone know how I can get it?

There is almost a symmetry with those numbers

If the case fails, he should seriously consider following mlennyma's advice when the rights issue was announced about a month ago:

Since 49% of rights are taken by GOK, KLM. 10% by IFC and 1% to be given to staff. That's a guarenteed 60% subscription rate. 40% left. When the results come my main interest will be how much of that 40% percent will be taken up. Not much i think.

On a lighter note. At least with the 1% of shares being given to the employees the CEO will finally have some shares. lol.

Where does it say employees will get 1% of the shares?