News

Strategic has loss of $15.5m on bad debts

Wednesday 20th of August 2008
The final amount of the loss for the year ended June 30 will be known once KPMG completes an audit, Strategic said in a statement. Its full results will be posted on August 29.

Strategic's loan book is being reviewed by adviser KordaMentha and KPMG, the company's auditor, to enable it to complete its financial statements and "in view of the increasingly difficult market conditions in t...

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