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Ann: Update on Suspension from Quotation, page-12

  1. 75 Posts.
    lightbulb Created with Sketch. 3
    Yep, fair enough.
    In a positive scenario, the company will firstly sort out accounts, including disclosure of full financial report (30 August). Next, appoint a CEO and give him/her sufficient time to formulate a new strategy. Thirdly, the company would sort out its financial position, including cap raising or debt facilities needed to underpin the new strategy. This all together would actually take just about four months. But this is merely a positive scenario. I'm afraid things will end up much worse than that.
 
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