The shareholders of CG & JB Property Co LTD, Decided to place their main asset being, MY BAR on the Market in March 2013.
Duang and Werner Artner had become Regular costumers of MY BAR.
They approached me as the managing director to purchase 50% of shares in MY BAR. Werner Artner said they wanted to purchase 50% of the share holding in CG & JB Property Co Limited.
Norman Pask consulted the other shareholders and all three agreed to sell 50% of the shareholding under the terms set out in the contract.
The terms of the contract are very important, as some debts were owed to some shareholders and these had to be met ( paid )