Village Roadshow has a mountain of debt which it needs to pay down as quickly as possible. In a statement to the market, the entertainment company said its shares were currently in a trading halt to allow it to “provide information about a potential capital raising”. Its temporary suspension from trading is expected…
DetailsThe Fourth meeting of the Committee of Creditors of the Corporate Debtor was held on Friday, 4 May, 2018 at 2:00 PM at Conference Hall, Asset Reconstruction Company (India) Ltd, The Ruby, 10th Floor, 29, Senapati Bapat Marg, Dadar (West), Mumbai, 400 028.The outcome of the meeting is summarized as herein below:l . The last…
DetailsBaby paraphernalia retailer Mothercare is seeking to raise £32.5m from existing shareholders in the latest stage of its battle to adjust to a challenging UK high street. The capital raising will be at 19p per share, well below Fridays closing level of 28.6p. Mothercares shares fell 9 per cent in early London trade to 26p.…
DetailsThe Seventh meeting of the Committee of Creditors of the Corporate Debtor was held on Friday, 15 June 2018 at 3:30 PM at Grant Thornton India LLP, 16th Floor, Tower Il, India bulls Finance Centre, Senapati Bapat Marg, Elphinstone (W), Mumbai 400013.The outcome of the meeting is summarized as herein below:l. Reviewed and discussed the…
DetailsDisclosure under CIRPa) Mr. Kshitiz Chhawchharia, Regn No. IBBI/IPA-001/IP P00358/2017-18/10616 has been appointed as RP in place of Mr. Nilesh Sharma. b) Extension of period of CIRP- The CoC at its meeting held on 23.05.2018 moved an application to NCLT for the extension of period of CIRP u/s 12(2) of the IBC,2016.The Honble NCLT vide…
DetailsThe boss of a collapsed building company that left 30 homeowners in the lurch has been declared bankrupt for the second time. Auckland man Stephen Foley was the director of Point To Point Holdings, which went into liquidation at the start of 2017, leaving 30 houses at various stages of construction between Tuakau and Whangarei.…
DetailsVillage Roadshow has a mountain of debt which it needs to pay down as quickly as possible. In a statement to the market, the entertainment company said its shares were currently in a trading halt to allow it to “provide information about a potential capital raising”. Its temporary suspension from trading is expected…
DetailsThis is to inform that in response to the Expression of Interest (EOI) published on 15th June, 2018, inviting prospective Resolution Applicants to submit Resolution Plan for the Company, two entities viz., M/s BSL Engineering Services DMCC, UAE., and M/s RPMG Investment LLC, UAE., have submitted their EOI as on the last date of receipt…
DetailsAn astounding 77 per cent of SMEs reported being happy to work as a business owner for their entire working career, but many don’t realise how short lived their working career might be, a new survey has found. A recent survey of over 2,000 ServiceSeeking users found that a vast majority are operating at the…
Details* September 2013: splits from Erica, the wife of his three young children. * May 2014: captured by paparazzi brawling with close friend and then-Nine Entertainment chief executive David Gyngell * December 2015: pays older sister Gretel a reported $1.25 billion to settle the terms of their father Kerry’s will. Steps down from Crown board…
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