Life insurance companies must include movement in their quoted stocks on the P&L. Non-life insurance companies don't have to. This is the practice in Kenya and IRA.

in 2012 this reclassification was a mere 300million... Negligible if you asked me!

Has the Pan Africa dividend been paid/disbursed to shareholders?

yes it was paid,EFT came thro even b4 payment date of 01/07/2013

@mwekezaji,@guru, @hisah, @wondergirl @guru267 among the other distinguished regular wazua contributors.I have scanty knowledge on matters financial regulation and governance etc having dropped business studies in primary level but i have a question that am hoping all shall contribute.here goes:

What if as a shareholder in this great company of ours called pan Africa i take it upon myself to go the share registry,contact each and every shareholder then form a Pan Africa shareholders association with the main aim of mopping up our shareholding into a block so that we can negotiate with any party interested in buying us out such as Sanlam,of course at a premium.....eg i manage to convince in small shareholders holding approximately 1 mil shares towards this cause....
my question are:
1.Is this legal;does a law against such exist in our constitution?
2.can this be considered colluding and price fixing?
3.Is there such a precedent in kenya or perhaps rest of the world where shareholders come together and negotiate a buy out as opposed to awaiting an offer?