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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announcement out stella sale, page-17
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