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Linc Assets/IP, page-3

  1. 1,245 Posts.
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    Noticed this article. I find the point regarding five potential businesses interested in buying Linc's assets - very interesting.

    'Linc Energy creditors last month voted to liquidate the company, which was once worth $2 billion.
    It was valued at just $US15 million when its Singapore-listed shares last traded in late March.

    Former Linc employees are among the 155 creditors who are owed $320 million.

    The company liquidator says there are five potential businesses interested in buying Linc's assets and that company employees should receive what they are owed'.

    http://www.abc.net.au/news/2016-06-...s-to-be-investigated/7471972?section=business
 
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Currently unlisted public company.

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