Ann: Disposal of a Partly-Owned Subsidiary, page-6

New Australian government reform proposals for BNPL companies will require a CRDIT LICENSE etc……
So the board decides to sell ICS at a est 10th of the price CI1 purchased ICS that I imagine holds some form of CREDIT LICENSE in order to operate in Singapore for its private lending (correct me if I’m wrong) and at the same time want to KEEP YOZO that has NO CREDIT LICENSE and perhaps never get one, then what?……where’s the common sense ?

From memory correct me if I’m wrong shows below YOZO with a net profit record whilst on the balance sheet below you see in 2022 and 2023 a combined losses of est $1.5 million, please explain?……
How could we forget the temporary holts imposed by the board one after the other after the other after a nother again and again now seem to have vanished Ci1 to an uncomfortable silence . If YOZO don’t get approved for a credit licence will this be a nother subsidiary thrown out to the trash by the board ?