As at 31 December 2020, the JKF Receivables had a book value of c.US$1 million less than the outstanding debt secured against the receivables. Recently, a large debtor of JKF, who owes JKF approximately US$3 million, appointed Administrators and subsequently entered into liquidation![]()
As at 31 December 2020, the JKF Receivables had a book value of...
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