Wednesday 26th November 2008 |
Text too small? |
The moratorium process is near completion, the company said in a statement today.
Strategic froze repayments to 15,000 investors owed $325 million in August.
It wants approval for a managed wind-down of its loan book as an alternative to receivership, after a proposal by a management-led consortium to buy the business from Allco HIT, an Australian investment company, fell through.
No comments yet
PFI - Acquisition - 316 Neilson Street, Penrose, Auckland
RYM - Anthony Leighs to retire from Ryman Healthcare Board
Meridian Energy monthly operating report for January 2025
February 14th Morning Report
MCY - Interim results presentation details
FWL - Resignation of CEO and Director Mark Turnbull
Contact enters supply agreement with Fonterra
Skellerup reports record first-half NPAT
February 13th Morning Report
February 12th Morning Report