Mara went for a rights issue 245Mn in 2011 to refurbish and uplift the hotel to 4 star.Then they announced a fresh expansion in July 2012, with a 56 room in adjoining land. stating that this will improve oprational efficience and also the refurbishment through rights reaps good results.
The Quarterly Reports up to now hasnt proved anything
What do you all think. Pls contribute with inputs