kind of two different things.
The 15m in notes had one 3m payment overdue, and needed to be paid in full by end of Nov.
AJQ didn't have 15m to pay those, so it would have had to raised 15m during Nov to pay it out.
DGR only owned 1.184m of those 15m.
Shunkang offered (the individual holders) to buy all 15m notes, and push the due date out from Nov until 2024.
Not sure how many people accepted, I assume it would have required a majority for them to change the final due date so guessing most of the the other (non DGR) holders accepted the offer, cashed out and avoided the debacle that followed.
The DGR law suit is just saying we wouldn't not have sold our 1.184m if we knew the next steps that were planned. If we didn't sell that 1.184, we would have been a creditor of the notes, and would therefore have had more say in the Administration process.
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kind of two different things.The 15m in notes had one 3m payment...
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