JPL"In light of the work that the JPL team and their legal counsel (in all jurisdictions) have
undertaken since the appointment, the JPLs’ are optimistic that there is scope for a viable
restructuring of the Company’s indebtedness via the implementation of one or more schemes
of arrangement before the Cayman Court. The JPLs intend to file a third update report prior
to the filing of such schemes, in order to update the Cayman Court in relation to the progress
of the restructuring."