KSFIOM Liquidator 18 Oct 2017: Quarterly Update
Category: Newsflash
Disappointing lack of progress ...
During the quarter to 30 Sep 2017, cash balances decreased by approximately £95,000
Loan interest and other income totalled £13,000. Catch-up dividends were £0. Liquidator’s fees were £50,000 and other liquidation expenses were £58,000.
There were no redemptions in the loan book during the quarter.
See the bank website for summaries of the cash and loan book positions.
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