att: enumerate - comments appreciated, page-8

>what percentage of the BNB shareholders are actually the 25 banks which are funding BNBIPL atm?

This is not of any concern to BNB shareholders.

The BBSN holders will assume control of BNB, via appointing and administrator due to the non payment of the BBSN debt+interest.

BBIPL will be insolvent as the ex-BBSN guarantee kicks in.

Subordination and solvency are two separate issues. BBIPL could be liquidated, even if solvent, because the BNB shareholder can order this.

I would love to get the consent of the BBIPL minority holders to amalgamate BNB and BBIPL.