The Airport City zone was announced at the beginning of 2012, while the IFM investment relating to STN was announced in September 2012. I would also be very surprised if the long term plans for MAN were not shared with IFM as part of the due diligence process that will have taken place at that time. Just because no major plans for redeveloping the MAN terminals have been made public doesn't mean they haven't been shared with the shareholders including IFM. Similarly just because a MAN spokesman doesn't wish to tell the press what a major shareholder is thinking on a range of issues doesn't mean that a dialogue hasn't taken place.
Spot on CP.
Amazing that things go on behind closed doors. If I was doing due diligence I would want to know about every aspect of MAG's business including EMA, BOH and Airport City too. And any fule know that the projections of growth at MAN would eventually require capacity enhancements at some stage, so I would want to know the scale of developments and costs over the period. People involved in this sort of thing will have signed confidentiality agreements, so hardly surprising that they would remain tight lipped when questioned by the press.
Sorry Bagso, but as I've said several times, there's lots of things going on behind the scenes which you and I don't know about; that's the way most businesses run nowadays.