DGR 6.67% 1.4¢ dgr global limited

court case listed for tomorrow.Seems to mostly rely on...

  1. 1,011 Posts.
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    court case listed for tomorrow.

    Seems to mostly rely on facts;
    • Shunkang offered to purchase the notes to extend the maturity date to allow another couple of months to conclude DD on buying the whole of Armour.
    • Evidence from FiiG who setup the note sale to Shungang confirming that.
    • DGR sold their notes to Shunkang on this basis
    • Shunkang (ADZ) then immediately (within minutes) appointed Receivers.
    • DGR would have provided the funds to keep Armour afloat (as per line 139 of NM affidavit) but once Receiver appointed, the Armour directors could no longer request those funds.
    • DGR then offered to pay out the full 15m notes but the Receivers refused to take their calls or aknowledge the offer (as they worked for ADZ).

    Seems to be more than enough evidence to prove this is how it went down, only question is if it is is against the law to be so shady.



    https://hotcopper.com.au/data/attachments/6095/6095230-ca2ec0f174fef59d5e208f09a3f1d46a.jpg
 
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