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CENTUM -REA
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The optimist
#11 Posted : Monday, October 27, 2014 4:46:34 PM
Rank: Member

Joined: 6/14/2010
Posts: 521
Location: Nairobi
They need to fast track these cases.
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Gatheuzi
#12 Posted : Monday, October 27, 2014 7:34:51 PM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
kryptonite wrote:
mawinder wrote:
Realtreaty wrote:
Centum is having two cases in court that are very important for it and investors. The Centum-Rea case that should be concluded before Nov 20 and the power/coal deal that have a mention and need to be concluded as no looking for evidence afar as its only legalities of how they won. The best thing is that they are sure of winning both. The stock my be better than Kenya Orchards uptrend.

Are you sure about the coal tender?????
Remember Ahmednassir was Chair JSC and most of his appointees are serving as Judges!!!!!


He was never chair, just a commissioner

And these judges owe Nasir nothing. They are their own men by now.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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cnn
#13 Posted : Tuesday, November 04, 2014 1:18:58 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
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The optimist
#14 Posted : Tuesday, November 04, 2014 1:37:21 PM
Rank: Member

Joined: 6/14/2010
Posts: 521
Location: Nairobi
cnn wrote:
http://www.standardmedia.co.ke/business/article/2000140340/rea-vipingo-acquisition-case-settled-out-of-court

Its not clear what the outcome of settlement is.
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mv_ufanisi
#15 Posted : Tuesday, November 04, 2014 1:53:09 PM
Rank: Member

Joined: 1/15/2010
Posts: 625
This is only between Centum and the Ministry and was lodged to force them to appoint a quorum to hear their case.

We should know the result from the tribunal by end month.

My money is on Centum getting the 25% they were looking for and then perhaps we can have access to some of the Vipingo land for another real estate development.

Fingers crossed.
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Realtreaty
#16 Posted : Wednesday, November 05, 2014 12:51:06 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
mawinder wrote:
Realtreaty wrote:
Centum is having two cases in court that are very important for it and investors. The Centum-Rea case that should be concluded before Nov 20 and the power/coal deal that have a mention and need to be concluded as no looking for evidence afar as its only legalities of how they won. The best thing is that they are sure of winning both. The stock my be better than Kenya Orchards uptrend.

Are you sure about the coal tender?????
Remember Ahmednassir was Chair JSC and most of his appointees are serving as Judges!!!!!

Laughing out loudly Laughing out loudly Laughing out loudly -.......He was representing a chinese company. Many a chinese companies may not want court cases as they may end up loosing more tenders in future, so Ahmednassir has already gone to bank for his efforts for now, he need no more.
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