SCF debenture and deposit holders to get repayment date

Trustee Executors regional manager Yogesh Mody says the audit and transfer of the register from the company to Computershare Investors Services, who are the paying agent, was a detailed and complex process.

"Getting to this point has taken a few days longer than the four to six weeks initially estimated," says Mody.

"But we wanted to take a prudent approach to ensuring investor details were as up-to-date and accurate as possible.

Payments will be made either by direct credit for those investors where bank account details met the required audit standard or by cheque where that has been stipulated or where there was insufficient confidence in the bank account detail on hand to enable a direct credit payment.