KUALA LUMPUR: Sunway Infrastructure Bhd (SunInfra) bondholders should approve the company's debt resolution plan as traffic volume along the Silk highway remains poor and the deal's white knight could exit if they shoot down the plan when voting is called at the EGM on Thursday, said a source close to the deal.
“The proposed term out might not be agreeable to all bondholders. Voting against the deal will defer the problem, which will only get more complex,” said the source.
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