Another bumper payday awaits Choppies directors

Friday, January 08, 2016

Choppies Directors, Ramchandran Ottapathu and Farouk Ismail, are in line for another major cash payout with the two tying up a deal to sell shares in their property company before listing it on Botswana Stock Exchange (BSE).

The Far Property Company, which is almost 100 percent owned by the two directors, is set to list on the BSE before the end of the first quarter this year.

Far Property owns about 173 properties in Botswana and South Africa, the majority of them being warehouses and shopping centres where Choppies operates from.

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