1.Delayed constructing new hotels and collected money is lending though Divasa finance
2.Paid 170Mn to buy a land from a person who don't have legal possess neglecting legal advices
3.Applied to loans when they don't need money ( still nothing commenced in Kalpitiya Beach, small thing done in Waskaduwa) Why directors applied loans ?
Reef share fall bellow NAV, because of directors idiot decisions. When GREG fall bellow the conversion price what they did was they postpone the warrant conversion to protect retailers. But after all idiot decisions reef directors want to proceed with conversion. Blood suckers !!