Ian,
Thank you for your inside sleuthing.
The CEO of Classic Legends, gets quite upset when asked about Mahindra owning them as I was told in no uncertain terms that they only have a 60% share of the company.
60% looks like a majority shareholding to me and consequently having "control" the company 'Classic Legends'.
What is it that the CEO's of this world don't understand, or was my CSE grade 1 pass all in vain?
Quite "Why?" it takes so long to give a price for the product and where you are going to manufacture it also leaves me puzzled and concerned. Surely these fundemantal questions have been answered in the initial business plan that Mahindra have bought 60% of? Or maybe not! Just another "accounting mirror", with some brass necked front men.
Hope my cynicism is unfounded.
Good health, Bill
