07-10-2007, 11:45 PM
first of all thankyou very much KAMRAN for your detailed reply. infact it took me long to reply cuz i was buzy in reading it. [)]
Now i think i should clarify my Query.
Bank Alfalh limited (BAFL) has a stake in Warid telcome (16.2%). so we can say that BAFL and WARID are Associates. Now As you may know that their are reports in the newspaper that SINGTEL is intrested to buy a 30% stake in WARID.
My Query is;
If SUPPOSE BAFL DISINVEST its 10% stake (i-e) to sell it to singtell at a price with some decent premium. So
<b>Would BAFL will mention the Remaining 6.2 % at mark to market in its books ?</b>(Annual report)
Thankyou !
Now i think i should clarify my Query.
Bank Alfalh limited (BAFL) has a stake in Warid telcome (16.2%). so we can say that BAFL and WARID are Associates. Now As you may know that their are reports in the newspaper that SINGTEL is intrested to buy a 30% stake in WARID.
My Query is;
If SUPPOSE BAFL DISINVEST its 10% stake (i-e) to sell it to singtell at a price with some decent premium. So
<b>Would BAFL will mention the Remaining 6.2 % at mark to market in its books ?</b>(Annual report)
Thankyou !
