Actually one positive point is PRG already recognised most/all of the PDM exposure as impairment.

So the bad news is already largely reflected in the accounts. If PRG can eventually recover some money from PDM through the winding-up, that recovery could potentially be written back as reversal of impairment, subject to accounting treatment.

Basically, if they manage to recover a decent amount from PDM, it could give PRG's balance sheet quite a nice boost. The RM64m headline amount is not guaranteed cash lah, but any meaningful recovery would be positive since much of the loss has already been recognised