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Ann: Commissioning of 68' long belt continuous kiln completed, page-57

  1. sylau90
    1,434 Posts.
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    10/01/22
    11:47
    Post #: 58747945
    The 1.6billion contract is not firm at this stage. Most importantly that's the whole budget allocated, it is not Innovaero exclusive contract.

    Innovaero is planning an IPO which supposed to be last year, our 17% stake undiluted clause has been lapsed as at 31 December 2021. So once they get listed, the 17% will be diluted.


    Last edited by sylau90: 10/01/22
    CFO Price at posting: 1.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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