So what does this mean:"Westpac has agreed in principle to lend...

So what does this mean:

"Westpac has agreed in principle to lend Olympic (Qld) Holdings Pty Ltd (“the Borrower”) against the valuation of 18 Olympic Cct, Southport, Queensland, with the balance provided by this company to payout the AOF."

I had a look at the ASIC registration document. Olympic (Qld) Holdings Pty Ltd was registered on 30 October 2023, and George Karantzias gets a mention as sole director and secretary, and all shares held by Karantzias Investments Pty Ltd. He was mentioned in the EGM papers too.

Anyone else surprised that there was not an announcement clarifying matters related to the factory?