BOARD OF DIRECTORS
Patrick K BalopiChairman of the Board
GULAAM HUSAIN ABDOOLAMANAGING DIRECTOR
MOKGADI K NTETADIRECTOR
The retail stores at Game City and Mlimani City are fully let, and these centres still remain the dominant shopping malls in Botswana and Tanzania. Turnstar continues to look for opportunities in Botswana and internationally.
We have just acquired our first office building in Dubai. It is a ground plus four storey building. This building is leased to one tenant on a long term basis. Currently we are evaluating various properties of the U.K.
Turnstar House in the Main Mall has been sold and these funds are being reinvested in properties with higher returns.
The Board of Directors, management and staff of Turnstar Holdings Ltd, welcome Mr Balopi and look forward to working with him. The Turnstar Group will benefit from his wise counsel and experience.
I would like to thank the entire Turnstar team, our consultants, bankers, tenants, and the Board of Directors for the continued support, work and counsel provided. The success of Turnstar is the value added by all our stakeholders.