RDC’s bid for PrimeTime flops
Friday, August 08, 2025 | 140 Views |
Watching the market: The BSE probes RDC’s bid and gave it the green light
PIC MORERI SEJAKGOMO
RDC Properties closed an initial offer to PrimeTime shareholders on August 1 and this week announced that those who expressed interest in participating were less than the 44% equity stake it was seeking in the rival firm.
“As of the initial closing date acceptances received were not sufficient to enable the company to acquire at least 44% of the linked units of PrimeTime in issue, and, as a result, the condition set out in the Offeror Circular in this regard has not been fulfilled. “Unitholders of RDC and PrimeTime are advised that the offer is terminated and will not be implemented,” RDC directors said on Tuesday.
Women and children continue to suffer at the hands of men who, in their heads, seem to view them as objects they can abuse to satisfy their sick, disgusting tendencies. Hardly a day goes by without reports of a woman, an elderly woman, or a child being raped! Where are we going as Batswana? Rapists have instilled fear into people’s lives; there is no haven for anyone anymore as people live in fear not only walking the streets, but also inside...