Sunday, February 1, 2009

Abalengani

Anybody heard much about this Abalengani Property Group?

They're listing their property assets on the JSE in a reverse listing into the Kaydav shell. They're talking about dual listing of Preference and Ordinary shares with the pref shares offering an after tax return of around 15% and you get ordinary shares thrown into the deal.

Getting mixed feedback from the industry - any comments?

1 comment:

Pedro@HelloWorld said...

We handle Abalengani's communications and would be happy to answer any questions you may have. Please email me on pedro@redcube.co.za