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News: COO Corum Group updates says have sufficient funds to pay all outstanding tax

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    29/02/16
    10:27
    Post #: 17140675

    Feb 28 (Reuters) - Corum Group Ltd (COO) :

    • Confirms that it has sufficient funds to pay all outstanding tax and that this situation in no way impacts our ability to operate our businesses
    • Was not in a position to announce the extent of this matter until it was properly investigated
    • Says co has now recognised a one-off additional $1.4M tax expense in the half-year to December 2015

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