“The consideration for the Loan Asset Sale will result in an immediate net payment to Allied of $100,000 and possibly up to a further $500,000 dependent on outcomes unknown at this time. Net payments received will be used to reduce debt,” the company said.
Allied is scrambling to stave off liquidation.
| « ASIC looks at LM | Former Hunter Hall managers' new fund » |
Special Offers
No comments yet
Sign In to add your comment
© Copyright 1997-2024 Tarawera Publishing Ltd. All Rights Reserved