Share
723 Posts.
lightbulb Created with Sketch. 14
clock Created with Sketch. 01/03/17
17:56
Share
Originally posted by Michelin Man
↑
Greetings Tooheys, "The three parties, Memphasys, PrIME and Manukan, have agreed for the disputes regarding the debt and the B class shares to be heard and resolved by Arbitration in Singapore. Memphasys is optimistic that this process will enable the disputes to be resolved fairly and efficiently. Further details about the disputes are provided in Note 11. The value of the B class shares held in PrIME has been maintained at the same cost value as the prior year. Given that the range of reasonable fair value estimates on these shares is significant and the probabilities of the various estimates cannot be reasonably assessed at this stage, Memphasys is precluded from measuring the investment at fair value."
Expand
Awesome to hear your positive outlook , I guess only time will reveal these answers . I hope your right but a lot of water and money to flow under the bridge before any resolution
(20min delay)
