Brief: Tesserent Gets Report To Creditors From Administrators
22/06/2023 11:29
June 22 (Reuters) - Tesserent Ltd TNT.AX :
* RECEIVED REPORT TO CREDITORS FROM ADMINISTRATORS WHEREBY
ADMINISTRATOR IS RECOMMENDING DALTREY BE PLACED INTO LIQUIDATION
* CO'S INVESTMENT IN DALTREY WILL BE WRITTEN OFF AS A
NON-CASH
ACCOUNTING LOSS UP TO A MAXIMUM AMOUNT OF A$3.298 MILLION
* ADMINISTRATOR IS RECOMMENDING UNSECURED CREDITORS, SUCH AS
TESSERENT, ARE UNLIKELY TO RECOVER ANY PROCEEDS FROM LIQUIDATION
Source text for Eikon: ID:nASX98pWJk
Further company coverage: TNT.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Tesserent
See all newsBrief: Tesserent Says Court Approves Schemes
Brief: Tesserent Ltd Says Share Scheme Receives FIRB Approval
Brief: Tesserent Says Share Scheme Meeting Will Be Held On 18 September
Brief: Tesserent Gets Report To Creditors From Administrators
Australia's Tesserent more than doubles on takeover offer by Thales