According to an advert in today’s Daily Nation on page 8, Doktari has made a ‘voluntary retirement’ and has decided to go look after his ‘goats’ and take care of his young family.
He however still remains a ,minority’ shareholder.
Simply put:
There was a boardroom war and they decided to fire the good doctor who was a minority shareholde.
Mind you this Dr. registered the Lancet Kenya Ltd in 2009, did all the donkey work and then after the company becomes successful, he was fired.
The guy is still too young to retire, and he seems to enjoy his job.
Be very careful when you register your new company with ‘financiers’ as partners.
What matters is that he is a MINORITY SHAREHOLDER and so it means the majority shareholders can fire him at will “irregardless” of whether he founded the company. Founding a company doesnt mean that you should be worshipped forever by shareholders.
Unaona akipewa izo birrions anaitisha?
Parasitic Owners of Capital are never our friends. Dr. Khaleb wasted his youthful years serving parasitic capitalists, who only mind about their profits, and not anything else.
Donald Kipkorir will not help him. He should start afresh with the little he has saved, and grow slowly using own resources.
Engui ile kitu lancet inaweza saidia wewe ni paternity DNA test…
unakumbuka ‘ulitupa’ bibi ocha juu mhindy ilikuwa finya wewe salary na kende… remember?
Usilee(raise) mitoto ya kunguni @uwesmake
Hata Steve Jobs aliambiwa atembeze kinyambis after building Apple “out of a garage.” Ukitaka kubaki in control you must own at least 51% of a company, otherwise investor ata akikuitisha number ya khupipi ampeleke weekend retreat unampa haraka sana.
Out of 100% of the shares, what % did he own ? That entity to be where it is, somebody somewhere must have pumped some serious money in it, if that wasn’t the good ol Doktari, then, he should be satisfied with being a minority shareholder.
heshimu mkisii mwenzetu meffi
ngitey umejianika:D
kumbe
@coldpilsner ni @Eng’iti …saitan
Una derail thread na upumbaff
ilikuwa swali si ujinga engui
very conveniently umechomoka umbwa pilsner akikunia:D
Dr Ahmed Khaleb should emulate that priest from Naivasha of St Marys Hospital he was bungled out of the hospital and he went just across the road and built a similar hospital ST Marys is now mis managed almost on its death bed while the new hospital is thriving.
Nikama ule muhindi wa scan group alichujwa na yeye ni founder
His lawyer disclosed that his total claim under the employment contract and shareholder agreement is Sh1,851,879,151.75.
Dr Kalebi currently owns 7.67 per cent of PLK and 10 per cent of LSC, according to Mr Kipkorir’s letter. He was on a monthly pay of Sh1.76 million.
In the payout deal, Dr Kalebi is seeking overtime accrued from May 2009 to April 2021 amounting to Sh473,523,080, bonus pay for 11 years of service of Sh54.7 million, gratuity pay of Sh14.5 million and a golden parachute or exit package of Sh100 million.
The amount adds up to Sh660 million in employment claims alone.
“Our client wants his shares in PLK and LSC to be converted into preferred shares and free from any dilution without our client’s consent,” his lawyer Mr Kipkorir said.
He is also seeking a goodwill payout for having built the firm and the brand over the past 12 years.
The East African unit is said to generate annual sales of Sh2.5 billion.
“We are under instruction to claim for goodwill in the sum of Sh1,167,738,000 being the weighted average of our client’s contribution to the business brand and goodwill based on OECD’s recommended guidelines on the pricing of intellectual property since 2009 to date,” said Mr Kipkorir.
This case is dead on arrival. Slay queen lawyer Kipkorirr has never won a court case. His expertise is hiding politicians stolen wealth.
Note, he owns 7%.
Any Shareholder with lower than 10% in a company is just a joyrider. From our Paternity tests to a joyrider.
Skiza mwingine
Find out what % our birrionea friend Dr James Mwangi owns of Ekwiti
It depends on the distribution of the other 93%. If with 7% you are one of the bigger holders, you are in position to manouver. For example(a rather extreme one), Bill Gates owns 1.3% of Microsoft. Sometimes when buying a stake in a company, minority shareholders negotiate board seats, further complicating issues
What matters is how the voting rights are distributed.