BPH 5.00% 1.9¢ bph energy ltd

What a tangled web it is!!BPH having failed to do so in this...

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    What a tangled web it is!!
    BPH having failed to do so in this instance, ASX has exercised its discretion to apply
    Listing Rule 10.1.5 to the issue of CHT shares to BPH in satisfaction of the debt owing to
    BPH by Advent. The forgiveness of debt may be a transfer in value from BPH to Advent.
    ASX has not been provided with sufficient information to conclude there is no possible
    transfer in value therefore ASX considers that Listing Rule 10.1.5 applies to the debt
    conversion/forgiveness.
    Last edited by veeone: Today, 10:24
 
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