KTG - ann --- Effectuation of Deed of Company Arrangement
Notice is hereby given that at the second meeting of creditors of K-TIG Limited and its wholly owned
subsidiary, Keyhole TIG Pty Ltd (‘the Companies’), it was resolved pursuant to section 439C of the
Corporations Act 2001 that the Companies enter into a Deed of Company Arrangement which provided
for:
• A return of the Companies to normal trading operations;
• Continuing employment for circa half of the Companies’ employees;
• Payment of non-continuing employee entitlements in full;
• A return to unsecured creditors via a Creditors Trust;
• Material new working capital funding being provided to the Companies to support ongoing
operations
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KTG - ann --- Effectuation of Deed of Company ArrangementNotice...
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