I would have assumed ASX would of asked for more information before their original release if that was the case, but perhaps im totally wrong and dont understand how these announcements work.
My biggest gripe with PIL has always been with their transparency as i feel they could offer a lot more info to investors and put a end to some of the comments/speculation being asked/made here.
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Ann: Additional Information about Cebuana LHuillier agr, page-7
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