If I recall correctly, progressively through the years, indo stake increased from low digit to present about (32.79 + 26.11 + 6.25 ) and malay stake 3.52.
Together with some proxy combined , not surprised ,likely crossed 70 %
Imagine the original BRITS/AUSSIE stakeholder, dilutive effect.
Somehow, I still think there is a Plan B, when Plan A on Intrepid failed.
Happy Investing
Ann: Execution of Amended Finance Facility, page-23
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