OCV octaviar limited

wellington capital, page-5

  1. 1,717 Posts.
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    Go back even earlier Jadel to Jan/Feb 2008. According to this old Travel Daily article dated 15 Feb 2008, Mark Korda(333 capital) had been in discussion with C Scott (and his adviser J Hutson?)along with MFS CEO Craig White ;

    Stella sale to be stymied
    UNCERTAINTY about the future
    of Stella Travel looks set to
    continue, with action by former
    S8 chief Chris Scott to throw a
    spanner in the works of the
    planned sale of the company.
    Scott, who sold S8 to MFS for a
    personal stake worth about
    $300m in MFS shares, has seen his
    wealth shattered by the
    plummeting MFS financial position.
    He’s claiming the sale of Stella
    is the ‘scandal of the year’, with
    the Financial Review saying he
    plans to call an Extraordinary
    General Meeting of MFS next
    month to put a stop to the deal.
    “Jenny Hutson is acting as my
    adviser,” he said, claiming to
    have identified individuals and
    institutions who together control
    52% of the company to back themove to block the sale.
    Scott says that on 26 Jan he
    held talks with insolvency expert
    Mark Korda and MFS ceo Craig
    White about rising capital to save
    the firm, and “the next thing we
    know they have sold Stella.
    “We are hopping mad about
    this,” he said.


    (Just for the record Lachlan McIntosh also served as a Director of 333 Capital Pty Ltd.)
 
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