sparkly wrote:muandiwambeu wrote:the deal wrote:KES 8.70 is the minimum GoK should bid...never mind the MP he doesn't know much capital markets...
Investors, MUST , pay OFF kq debts, not taxpayers MPs, very ungreedy,,,
back page DN July, 8th.!!!!!¿¿¿ How now!
@obiero, pliiiz elaborate, I have seen you do better explaining before.
Are you ready to liquidate kq, sell assets and get the balance off thereafter¿¿¿
Chilling it is, I swagger.
1. Which investors are the MPs referring to?
2. The investors in KQ are:
a) Taxpayers through GOK;
b) KQLC;
C) KLM;
d) @Obeiro and others
3). @Obiero, KLM and KQLC are limited shared holders. They cant be called upon to contribute more to the company's debts.
4). Taxpayers, through Treasury gave guarantees for American Exim Bank loans as well as the local bank debts. Taxpayers have to foot the bill if KQ defaults.
If MPs are saying that KQLC ranks pari passu with other common equity holders, that is another story.
Hypothetical scenario for you to ponder is
1. The birds were escarowed, for easy recovery if payments were not forth coming, so the seller is paid 75binions as guaranteed by gok and the escarow account bearers snatch your birds away- that case will drag for centuries in the international courts to unravel.
2.
A.Kqlc may or may never get a coin, after all their fate has a sell by date.
B. Kqlc struggles and secures a charge against other shareholder's to attach and sell the remaining assets to avoid unconiviniencing the GoK, through a liquidation process and pressing existing rights after coercion into a loopesided deal by G.oK operatives.
3. @Obiero et al luck you are if your see it through the web of legal jargon that is cooking for your good supper. Kqueers winds up and u still keep hope the damn horse dead horse is just pretending.
This thing is not worth a doctorate disertion to see through sir Obiero of wazua, unless your crystal is tangled with the meat chopper. How else can you be sure a Morse is cooking your way with all this chuning going inside of this kitchen.
Investors here only means shareholder's, since we are not talking of an upcoming acquisition or capital injection.
So investors will contribute by getting haircut or a clean shave on their investment in kq ie for literal meaning of ltd
If need be, and the grounds are well set, unpiercing the corporate veil gets your personal assets attached personally and severally, forbids forbide, do not go for those balls of steel of @obiero, mama watoto won't let them go that easily🤣🤣🤣🤣.
,Behold, a sower went forth to sow;....