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.