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61 Pages«<596061
Briatm, Britam, Britam sounds like sweet candy!
#1201 Posted : Thursday, June 13, 2019 1:19:41 PM
Rank: Member

Joined: 1/18/2019
Posts: 154
Location: kenya
babashuge wrote:
[quote=Ericsson]Dear Sir,

We are pleased to engage you to sell 3 parcels of land on behalf of Britam as follows;
1.LR NO 209/6267 located in Upper Hill.The land measures approx. 2.3 acres and the reserve price is Kes.600mn per acre

2.LR NO 12648/93 located in Lukenya along Mombasa Rd.The land measures approx. 172 acres and the reserve price is Kes.11 million per acre

3.LR 18048/49/50 located in Mlolongo,along Mombasa rd.The land measures approx. 25 acres and reserve price is Kes.46 million per acre

4.Britam Center LR NO 209/10520 located in Upper Hill Nairobi.Land size approx. 1.6 acre,fully developed with an office block,the reserve price is kes.2.24bn

5.Olive Garden Plot LR NO 209/380/8 located in Hurlingham,Rose Avenue off Arwings Kodhek Rd.Land approx. 0.6 acres,reserve price kes.280m

6.Ngong Land LR NO Ngong/Ngong/46 located in Ngong town measuring approximately 21 acres.The reserve price is kes.1 billion

NB/The commission payable will be 3% of the sale value.

Kindly confirm your acceptance of this appointment by responding to this letter.We look forward to hearing from you soonest.

Yours faithfully
Britam properties Ltd

Raphael Mwito
AG. General Manager


They say 3 parcels for sale but have 6 listed... hoping this isn't how they do their accounts..

Laughing out loudly Laughing out loudly Laughing out loudly
#1202 Posted : Thursday, June 27, 2019 12:02:31 PM
Rank: New-farer

Joined: 1/15/2019
Posts: 31
I dont see a problem for potential buyer when company is listed. Actually, stock market is a good place to raise money for business. However, if you are buying company which is in deep trouble, then this might be really huge problem, regardless if company is listed or not
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