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Nov 5 (Reuters) - REFFIND Ltd (RFN) : REFFIND LTD - RECEIVED...

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    05/11/20
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    Post #: 48659645

    Nov 5 (Reuters) - REFFIND Ltd (RFN) :

    • REFFIND LTD - RECEIVED APPROVAL FROM ASX TO BID FOR 25% OF ASSETS OF LOYYAL AS PART OF A CONSORTIUM
    • REFFIND LTD - WILL NOT BE PARTICIPATING IN BARCLAY PEARCE CAPITAL RAISING
    • REFFIND LTD- AT THIS STAGE, CONSORTIUM BELIEVES NORTH AMERICA WOULD BE APPROPRIATE MARKET FOR LOYYAL TO PURSUE AN IPO
    • REFFIND LTD - IF SUCCESSFUL CO & CONSORTIUM TO CONTINUE TO OPERATE BUSINESS OF LOYYAL POST BANKRUPTCY
    • REFFIND LTD - CO & CONSORTIUM HAVE VIEW TO PUTTING LOYYAL ON A PATH TO IPO WHEN TRADING CONDITIONS FOR BUSINESS FURTHER IMPROVE
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