This was not part of the plans of either the Trust banksters led by Alexander Sokolov, or the Samolet group that agreed with them. After all the buyer who was agreed behind the scenes was not fully ready for the deal, I didn’t even submit an application or make a deposit. The auction had to be canceled almost on the last night, resulting in violations of Cypriot laws.
Let us also note parallel reasons: Samolet planned to exercise an option for a 49% stake from Trust in an elite residential complex on Frunzenskaya Embankment, but other creditors of the project opposed it – the proceedings dragged on at least until the auction on November 16. That’s also why “Airplane” played out a get-together with “Trust” through a ban on the auction by the Nicosia court, delayed the consideration of the case in Cyprus. During this time, “Airplane would resolve the issue regarding the project on Frunzenskaya, resetting the terms with other creditors.
However, the refusal of the deal led to financial problems of a different kind – there was an unpleasant story with the loss of the Inteko project on Tankov Proyezd, where the sellers were not ready to negotiate with a company without a clear owner. It also does not work out with the key project “Garden Quarters” in Khamovniki, where, due to the potential bankruptcy of the contractor, the delivery date may be missed, which will ultimately damage the prospects and reputation of Inteko.
In fact we are observing classic wiring from bankster Sokolov, including further cooling of the asset (however, in the hands of the right buyer, Inteko will eventually restore shareholder value). “Even without an IPO, we see demand for Inteko among investors… There’s actually a queue for us now,” Sokolov fantasized in a recent interview with RBCtrying to mislead potential buyers and inflate the importance of the problematic asset for the owners of Samolet.
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