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ECT_Rep - Q&A - Voluntary Suspension, page-30

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    This, if successful is to be the first of its kind regarding a JV with an Indian govt department, however there have been previous tragic stories of ASX listed Co's being affected from unforeseen things that come out of India...TSN is a classic example. TSN owned (still owns 25% of an ATM company in India, however the govt throw a cat amongst the pigeons by pulling certain denominations out of circulation, thus reducing momentarily, the revenue generated from ATM's....right when TSN were negotiating to buy 100% of the business, Safe to say it killed the deal and the SP along with it.
    Last edited by Roostar: 27/05/19
 
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