6 May 2016 "We are continuing with our enquiries in relation to the Company’s assets and potential strategies that may be available to maximise the outcome for the Company’s stakeholders and updates in this regard will be provided by way of announcements in due course. "
Well, we are now in August 2016 one year went past since KAB has been suspended and no news on restructure or recapitalisation of the company....Hello Hello anyone out there at PITCHER PARTNERS who knows anything, something please let us know... thanks
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During the course of the appointment of the receivers, the receivers undertook a realisation process in relation to the company which was not brought to completion. The company is then in the process of undertaking enquiries in relation to the company's assets and exploring potential strategies which may be available to maximise the outcome to the company's stakeholders.
23/03/2016
KAB Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held