There something wrong with the chain of events in the last couple of weeks.
Why roll the board, for it only to go under a few days later, if the plotters knew it was going to be all over soon - why bother
My best guess is that PAG has only been dolling out the line of credit, on an absolutely just as required basis, leaving the local bank accounts pretty dry. If you have ever worked with a SIN owned company, this will be familiar. This has stifled the business as a whole, and in combination with the pressure of losses in the jet business has caused a split at Board level.
JS et al have lost their **** and rolled LKH, only for PAG to then turn off the taps completely.
Game over then in a couple of days