Investec reduces ambitious development company to rubble. Last September MKB issued a statement saying it had closed its construction company.
Without warning, Investec - the main funder, pulls the plug and plunges the group’s flagship company, MKB Property Developments, into provisional liquidation with a claim of R97m. It looks like the end of a brave but fatally flawed dream.
For a mere R305.00 per year you get the convenience of our online version including:
If it’s just the article you are after, you can purchase it by clicking here.
- Twelve monthly issues of Noseweek delivered to your browser
- A searchable archive
- Access to every back issue since 1993 !
- A downloadable PDF version
For a taste of what awaits you, you are welcome to browse this free issue.