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Ann: Reopening of Aristo International Hotel Casino Operations, page-97

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  1. 7,401 Posts.
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    my assumption is they don't want to agree to refinance as the business has no revenue. However, that's a good point regarding the settlement itself. The fact that Mega's approval has taken so long is a big red flag. If Mega shared the view of the new board, that the settlement ends the legal battles which is good enough in itself, why hasn't it been approved?
 
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