CKA 2.25% 8.7¢ cokal limited

Value Post Domain Deal, page-173

  1. 376 Posts.
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    Hottobic, if you go back to the original Explanatory Memorandum in the 2010 Notice of Meeting when Altera (now Cokal) agreed to acquire JDC which held an option over these and other assets you will find many references to your query. "...all subsequent financing is to be jointly provided by JDC and/or its appointees, and by HGO (Dr. Henry Gianto, M.Sc.) and/or its appointees in the same proportions as their equity interest in BBP and BBM respectively. If for any reason HGO is unable or unwilling to provide his proportionate share, JDC is entitled to be repaid that amount together with at the rate of SIBOR plus 3% per annum from the entitlement of HGO to any didvidends that BBM may declare."
 
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