China to launch more cooperation projects under B&R Initiative, page-9

Dear Charlie,

It is just a matter of time that the Mbalam convention will be extended with or without ANS. Another 7 trading days to go to know the fact.

Even the acquisition deal is extended for another one year, it will not be completed if the China NDRC refuses to approve it. It has been more than 6 months, there is no update the status of the China NDRC approval. This indicates bad news.

Conjecture: Noteholders will become major shareholders of SDL (68 per cent) by converting the notes to shares.