todha takeover offer, page-10

As I understand it align have to be involved as responsible entity. They however keep referring to having handed the properties over to the bond holder (via the trustee).

I may well be wrong but by now these rentals are in arrear and there is no proposal to continue from schemes as well. align also seemed to have been unable to find financial support. I think it will be a very low if any payout to the growers. One of the properties is not viable in its current form as I understand it . The other is viable but needs capital. The real asset being the water rights - That the growers cannot claim as theres. So it the land , the water rights and then the plantations.

We must wait and see.

Only hold TODHA as the TIM are gone gone gone