Sakari Resources conditional cash offer by PTT Mining

Deal price is $1.90. Current price (suspended) $1.49.

Currently the offerer and concerted party owns 45.43%. Deal conditional upon them reaching 50%. This is a no brainer deal. Should open pretty tight. However not regulatory approval conditions are attached to the announcement, which is weird. I would have thought it require approval from the Indonesian regulators as PTT Mining is owned by the Thai Ministry of Finance. This deal is not conditional upon any financing.