
News
First Five Star payment not so starry
Friday 4th of April 2008
One of the receivers at PricewaterhouseCoopers, Richard Agnew, says that an initial dividend of 17.5% will be paid to secured debenture holders on April 15.This represents the majority of expected returns to investors from asset realisations which Agnew advised was now forecast to be between 20% and 25% of secured debenture holders investment.
He says the downward revision from the pr...
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