KSFIOM Liquidator 28 April 2017: Quarterly Update

Category: Newsflash

During the quarter to 31 March 2017, cash balances increased by approximately £173,000.


 Loan interest and other income totalled £316,000. Catch-up dividends were £42,000. Other liquidation expenses totalled £101,000.

There was a partial redemption of £257,000 in the loan book during the quarter.

Re Interest: A Court hearing took place as scheduled on Thursday 23 March 2017. The Deemster reserved his judgement and an update will be mposted as soon as the judgement is issued.

See the bank website for summaries of the cash and loan book positions.

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