News

C+M debenture holders given bad news

Thursday 31st of January 2008
Receivers Richard Simpson and Tim Downes of Grant Thornton said in their first report on the state of affairs of Capital + Merchant Finance that": "Realisations from the assets depend on certain events occurring. The outcomes from various events could materially affect the amount Capital + Merchant Finance receives.

"It is clear from our work, however, that there will not be a full reco...

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