It has been a torrid year for anyone unfortunate enough to have bought shares in property company Bonatla. With the sheriff banging on the company’s door for unpaid debts, next year could be even worse.
The company, founded by the enigmatic Niki Vontas and run by his father-in-law, Robin Rainier, has made an assortment of  announcements [...]

 
WITH Bonatla now the subject of a Financial Services Board (FSB) insider trading probe, it seems every deal announced in January as part of its revival plan has fallen through.
Bonatla, founded by enigmatic former history lecturer Niki Vontas, is still suspended from the JSE. Investors who bought its renaissance story must be feeling anything but confident.
In [...]

 
BANKING group Nedbank could end up R30m poorer because of problems at property company Bonatla, suspended from trading on the JSE last week.
Nedbank owns R30m worth of preference shares in Bonatla. Bonatla was suspended at its own request, which shows how difficult it has been for the company and “consultant” Niki Vontas to revive the [...]

BONATLA, the beleaguered property firm founded by the enigmatic Niki Vontas, would do well to consider Albert Einstein’s maxim that whoever is careless with the truth in small matters cannot be trusted with the important matters.
The company is struggling to re-establish itself after being forced to its knees in 2003. But this is tricky: there [...]

CHAOS at Bonatla last week — leaked details of its deal to buy a chunk of the Durban Point Development from Malaysian company Renong and its suspension from the JSE — has at least drawn attention to the re-emergence of Bonatla’s controversial founder, Niki Vontas.
Vontas, well known among property pundits, is forbidden from acting as a [...]