Ann: Trading Halt, page-19

Could this be a privatisation play? Announce the rights issue to increase holding to 47.95% or more then privatise sell off the IT business if it is making $5m EBITDA, prob better with stripped out costs.
.As at the date of this announcement, the Hill-Ling Parties have current voting power in the Company
of 19.90% and this may potentially increase to up to approximately 47.95% pursuant to the Hill-Ling
Parties' participation in the Entitlement Offer (if any) and/or, subject to the availability of shortfall, the
Underwriters' partial underwriting of the Entitlement Offer.