From: https://hotcopper.com.au/threads/ann-appointment-of-receivers-and-managers.4941481/#.XWjRSHUzY5n
The effect of the appointment is that the Receivers (KPMG) are now in control of the Companies’ (A40) assets, undertakings and operations. The Receivers are completing an urgent assessment of the Companies’ financial position but with the intention of transitioning operations to care and maintenance shortly.
Ann: Appointment of Receivers and Managers to Alita Resources Ltd, page-10
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