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Former President of the WMO and his close business associate donates One Million US Dollars worth of real estate

by on 1 October 2023
 

Mr. Satar Dada, former President of the World Memon Organisation and his close business associate Mr. Yunus Parekh donated One Million US Dollars worth of real estate properties to WMO Africa Chapter.

The properties include 6 homes on their scenic Salta Sibaya coastal project which will generate a monthly rental income of approximately 5000 US dollars for the Chapter.

The agreement was signed and sealed by Mr. Feizul Ayob, outgoing Regional President of WMO Africa Chapter in the presence of WMO stalwarts Mr. Yusuf Kamdar, Mrs Fazila AK Ismail, Mr Moosa Carrim, Mr. Harun Gutta amongst others in Durban.

The remarkable donation is yet another testament to the legendary generosity of Satar Dada.