Discussions with the Board of Rurelec plc have been progressed regarding the intention to realise value for creditors in respect of shares held at the earliest possible time .
The Board has been encouraged to realise an asset realisation strategy in order to make a dividend payable to all members of Rurelec Plc
During the current period , The Administrators have continued their discussions with various parties including Rurelec`s Board & Major creditors to realise this asset , in order to make a distribution to All Members .
Discussions are ongoing with Two Interested Parties for the whole / part of 54% owned by the Admin Team .
These discussions are ongoing with A Third Interested Party Also Involved .
OUTSTANDING
No comments:
Post a Comment