IHG intellect holdings limited

From ann. report & other sources:Electronic payment provider...

  1. 549 Posts.
    From ann. report & other sources:
    Electronic payment provider Intellect Holdings has admitted that its year of living dangerously is not over, with questions about its viability lingering despite a boardroom cull, a capital raising and a restructure of the business.

    In its annual report released yesterday, Intellect said there was "significant uncertainty over whether the entity will continue as a going concern".

    In the short term, its continuing viability was "critically dependent" on a number of factors that include further financing.
    R,
 
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Currently unlisted public company.

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