MFS mfs limited

announcement out stella sale, page-17

  1. 525 Posts.


    Well we can always count on you to be negative Athryo

    Ok if you are going to consistently follow this line give the forum some hard facts to demonstrate your credibility

    what exactly are the projects that are supposedly going to be flogged off for less than the purchase price in a booming property market ???

    Also here are some facts about the PIF not assuptions

    Related Party transactions limitations and no intercompany loans

    The fund does not have loans to MFS ltd

    The funds related party guidelines prohibit the fund from making loans directly to MFS its wholly owned subsidiares or its directors

    All related party transactions are entered into on commercial terms that WOULD BE EXPECTED OF TRANSACTIONS NEGOTIATED ON AN ARMS LENGHTH BASIS



 
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