Another twist in the CVS loan....From todays CVS annn.
“The Company ((CVS)) has been granted a waiver of ASX Listing Rule 10.1 allowing the Company, without obtaining shareholder approval, to grant the Security in favour of NYS ((Vost))(Waiver) to secure repayment of the Loan and Debts and any further loan amounts up to an aggregate cap of $350,000, subject to the following conditions..........”
“NYS ((Vost)) may also require early repayment where there is a change in control of the Company or the Company sells or agrees to sell all or a majority of its business and assets.
https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD4Aa0yRSZo+Fqke92GA==
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