All good news (except the reminder about the end of parachute payments).

I am interested to know how much debt Vincent Tan has converted to equity so far. This news of a further £20.7m in June is very welcome and it must now be adding up to a significant % of the debt owed to him. It isn't a conversion at the level or the speed that was implied when he made the announcement in (I think) February 2016 - before the issues with the Malaysian regulatory authorities came up - but it is major progress nevertheless.