I would expect ASIC to investigate the Board and management as well as KPMG role before and after the business was placed into Voluntary Administration. Do you think they will?
It is a bit too late for SHs I think. The time for ASIC to step in would have been before Korda Mentha had completed the sale process to Se.vn for an undisclosed price. The only people who can stop this process now are the Creditors. No chance in otherwords.
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