the takeover from hell, page-52

Bouhr

Hanlong owned back then ~ 18% of Sdl...they are the biggest shareholders

First Sdl is no luxury car...we have potential...but no speed

We are no house..we are a block of land...u can't live in it

When Hanlong launched the SOA it was cconditional..on many factors

Sdl has an asset which to is worthless without funding

A decaying asset in a world of decaying big caapex spends

Sdl is a forced seller...we are not able to sit n wait for years as we " finish the house"..

Too many of u believe in "what if"....9/10 don't happen

We had to do a deal....no other option existed