The investment vehicle being headed by Shaun Di Gregorio and with the key backing (ie: investment) of IPP and ICQ's Chairman Patrick Grove (and potentially others involved in IPP and ICQ?) continues to make investments that are starving the IPP and ICQ businesses of their future growth opportunities in Asia.
Last time it was Zameen in Pakistan (India was part of IPP's plans, so why wouldn't Pakistan?) and now they have made an investment in Myanmar.
The Zameen guys were even pictured at IPP's offices on social media, obviously leveraging IPP's learning's and knowledge to grow the Chairman's and former CEO's investment, but not assisting IPP shareholders in any way!
I think its extremely disappointing that a Chairman of two ASX companies is out there competing against the listed companies he represents for new growth opportunities....the short term impact is minimal, the long term growth opportunities for these companies and shareholders is massive!
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