I was curious about TAM funding that has recently been increased...

I was curious about TAM funding that has recently been increased with AP Finance Ltd from Hong Kong.
AP Finance appoint a board member to TAM in this case Mark Wong alternating with George Drew.
Allied Propeties is part of the significant Allied Group.
Allied's Chief Executive/Director is Lee Seng Hui who is also a non executive director of APAC Resources.
APAC in turn appoint a board member of ABM.

The level of funding provided by Allied to TAM is about $50m and TAM are not at present profitable.
It's probable, in my view, that Allied has effectively gained control of TAM, or will have wording in the loan documents that will give them control if certain benchmarks are not achieved.

There must be a certain amount of pressure from the Allied camp to maximise any benefit that can be extracted from the proximity of TAM to ABM and so bolster their investments in both companies.

I am wondering if the shareholders of ABM will get as much out of the financial engineering of an amalgamation of ABM and TAM as we would with advancing as a stand alone company .