Maybe AL-Rushaid wanted to be the sole private placement investor or maybe Delphi got interested last minute. Also, maybe they delayed it to get money, so a note did not hit the market. (Id have to go and look at the annual report for that.)
All I know is that these guys own a ton of shares. They would be idiotic to dilute themselves out of a majority-stake holder or ruin the value of the company.(that just screws themselves)
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