This has nothing to do with WEC on a basic level..
EG Bayan taking over KRl has no effect on the 56% frozen holding in KRL
by Bayan -- that will still be frozen
the only diff is that batyan will own 100%
As I said the FIRB --which allows take overs
has no objections.
So the courts play "NO" Role in it.
After the takeover nothing relating to WEC has changed - things progress
as they have been- Bayan stalling all it can---
If the KRl shareprice goes up as a result of the takeover
WECS 56% frozen holding represents a bigger pain in the ass to them
so the outcome may help Bayan to get off its ass and settle
Really - DYOR
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