is it crisis or opportunity...., page-51

Hi CE - thanks for that.

I'm curious as to whether you have seen anything in writing about FKP taking up their proportional rights. I have seen that the FIRB has given permission for SHKIS and FKP to take up rights and for SHKIS to underwrite the offer. So it is not unreasonable that they might take them up. However it is contrary to the FKP chairman's stated objective "Our focus on closing the security price to NTA discount will also see the Group continue to improve the balance sheet and delever through more non-core asset disposals."