DNA 0.00% 3.3¢ donaco international limited

Ann: Mega Bank Facility Repaid, page-6

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  1. 92 Posts.
    lightbulb Created with Sketch. 15
    Pretty misleading announcement. They have repaid Mega Bank, but only by borrowing money from Somboon, the Thai vendor. So it's really a refinancing of the debt, not a repayment. They still have a ton of debt, but now they owe it to someone else, not to Mega Bank.
 
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