Yes, it turns out that the GoK issued a 'revised' prospectus that most investors were unaware of. Does anyone know what the full extent of the 'changes' were?
The Safaricom OFS has been controversial from the beginning starting with the 35% allocation to foreigners to the Mobitelea's 'hidden' shareholders & stake.
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- Disinvestment in Kenya
- Kenya needs to emulate India's dynamism...
- Why is Kenyan labour costly vs Chinese labour?
- GoK spends & naps while Kenyans suffer...
- A Tale of two(2) SafCon Prospectuses
- Zimbabwean Follies... Worth a laugh!
- Is Africa politically regressing?
- KAA needs to be privatized
- More stockbrokers to bite the dust?
- Coldtusker becomes a TRILLIONAIRE...
- Banks on a roll...
- Back to Basics - Economics, Finance and Wealth Cre...
- Ah, the Kenya we know...
- Zim$ at 123,000,000 per US$
- Zim$ drops faster than a rock!
- KQ's fortunes looking up...
- Safaricom IPO(OFS) gets murky.
- Suicide Jumper
- Kenya - Corruption back on track...
- Zimbabwe Billionaire...
- Bloggers pissed off at bloated cabinet...
- Is Mungiki related to PNU?
- List of Cabinet Ministers + my grades!
- 42 Ministers + prez + pm + 2 deputy pms = too many...
- Again - Apple TV is not GTV
- Kenyans sing the Indian National Anthem
- Coldtusker declared a Billionaire
- Tanzanians screwed by Bank of Tanzania!
- sam ' I can't count' kivuitu at it. Again.
- CMA wants to kill of Venture Capital Funds
- The "not so good" happenings in Kenya...
- Lower those brokerage fees!
- India Grows Up...
- bob ' the murderer' mugabe tries populism again...
- KPLC - Change the law!
- Kenya's economy suffers major hit
- Kenyan politicians killing the Golden Goose...
- New Cabinet Lineup...
- Kenya's New Cabinet is neither Lean nor Clean...
- Another pathetic article from Business Daily
- (Politically) Is Zimbabwe another Kenya?
- Kenyan gov't is senile...
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4 comments:
I can count no less than 7 irregularities surrounding this IPO. And you can be sure there are more to come.
ssembonge: What are they?
I will give you the credit!
Well, ODM did say the SafCon OFS was rushed...
CT, let's give Safaricom the benefit of doubt. There is too much negative sentiments which is causing a lot of people anxiety.
In the interest of their health and well being, let's call for some time-out until after the allocation or trading day.
No way, Jose... why?
Irregularities are just that! Stand up for the truth!
You can't back out after whetting my appetite!!!!
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