"But if Minbos received firm advice on this, they would need to have disclosed it (even while trading is suspended)"
My gut feel is that it has not been an outright rejection. Rather, it is possibly a set of conditions/prerequisites for approval that MNB couldn't satisfy in the next few months or so. So while it is still "technically" under consideration, MNB sort of has to accept that it's losing on that IDC front for all practical purposes, and has to take its fate into its own hand, hence the last minute grab for cash.
IMO only.
Ann: Continuation of Suspension, page-69
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