I also suspect the reason ARU decided to do their processing in Australia as they may have seen the writing on the wall for LYC.
As a result of the LYC debacle and likely consequences it will be more likely that ARU will find finance more readily available due to lack of sovereign risk.
Even if satisfied now the Malaysians have their foot on LYC’s neck will no doubt this will be an ongoing major issue for investors.
Ann: Nolans DFS Update, page-6
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