IBN 0.00% 2.0¢ ibuynew group limited

Ann: Flight Centre Invests In BYOjet Group, page-23

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  1. 1,940 Posts.
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    From Sep update:

    DVI owns 38.73% of the equity in PPS and a $1.5 million convertible note in PPS which if converted results in a 54.69% equity interest.

    FLT is buying 70% of PPS, what happens to DVI's 38.73% and the convertible note?
 
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Currently unlisted public company.

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