KSFIOM Liquidator 14 Apr 2019: Quarterly Update

Category: Newsflash

"Cash balances decreased by approximately £38,000 during the quarter. Income totalled £9,000. Dividends paid totalled £39,000. Other liquidation expenses totalled £8,000.


Final Dividend

It is intended that one further dividend will be paid to creditors in respect of each class of interest. The timing and amount of the dividend cannot yet be determined with certainty, as the freezing orders in respect of former KSFIOM customer accounts have not yet been satisfactorily resolved. I will update creditors as soon as the position is clarified."

See the bank website for a summary of the cash position.

Hits: 1453