what now?, page-88

Thank you W534220.

I contacted June and she has my holdings correct. Here is some of the content of her email that may be of interest to other holders.

Please note consistent with the arrangements set out in the AET&D Option documentation, relevant intermediary entities must all be liquidated and the liquidations finalised prior to any distribution to former EPS holders. All 27 entities in the chain of companies comprising the AET&D Group have now been placed into members voluntary liquidation.

It is difficult to determine the timing upon which the liquidation process will complete given the requirement to obtain certain governmental authority clearances prior to finalising the liquidation of an entity. Based on past experience we estimate that the process will now take a further 12 to 24 months, however it should be noted that many of the necessary clearances are outside the control of Brookfield, RMG Promisor Pty Ltd or the liquidator.

The amount of any distribution to former EPS holders will depend on costs incurred during this liquidation process, including the payment of any claims determined by the liquidator to be valid, taxes assessed by the relevant government authorities and the costs associated with winding up entities within the structure such as preparing and lodging final financial accounts and tax returns.

Once the liquidations are completed, the remaining proceeds will then be distributed to former EPS holders in accordance with the Option Deed Poll.

I don't really expect to receive anything after each of the claimants take their portion, but we can live in hope I guess.