None of their recent commercial decisions are consistent with what they now say is a loss-making, unsustainable business. A few weeks ago a bunch of them flew to ITC, now in the post above it seems Hunter has moved to Singapore to set up some kind of Singapore office.
It just makes no sense. Clearly there is more to the story, and one hopes the board (and particularly the IDC) has thought long and hard about their section 181 / 182 obligations.
Ann: Sale of 5GN Business and Capital Return, page-53
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