So does one really think Sgh driving restructuring recommendations or Fti consulting and whatever the latter recommend I find it hard to see how Sgh executive and board cannot do anything but endorse and approve the recommendations as banks and their advisors now running the show on restructuring decisions as Sgh know they Hold the power at the moment.
I still think restructuring proposal will be approved by the banks with facilities extended as banks advisors all over this and Sgh have very little power to refute any recommendations made by banks advisors.
But restructuring could be very brutal.
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