Grant Samuel - Independent Corporate Advisory Group, page-62

There R many scenarios and situations that develope as things and negotiations progress.
Market is only seeing ghosts re SGH.
It is fixated.
Ghosts will B exorcised soon.
Banks R also used to threatening and closing companies or taking stock for free under such situations. Looks like SGH is not giving in and or is psotioning or exploring better options.
SGH management considers it as a part of day to day operations and management of the compaby hence does not feel the need to inform about it as it just a part of the big thing that is going on with the banks this month and re capital restructuring that they have mentioned in 1 H report.
Once decisions IF ANY are made and otcomes known market will B informed i think.
Patience .
SGH management is trying to steer the ship out from the storm.
They will make a big announcement i think when all clear happens.