Mauritian firm makes P88m bid for Imara
Tuesday, October 25, 2016
FWA already owns 28% (17 million shares) of Imara’s 59 million shares in issue. In a statement, Imara announced that FWA had tabled an offer to buy the remaining 42 million shares at a price of P2.10 per share bringing the value of the transaction to P88 million.
“The offer will be made directly to Imara’s shareholders, by FWA and independently of the Independent Board.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...