CPK 0.00% 0.7¢ cp1 limited

Still no final decision, just an announcement about a...

  1. 1,818 Posts.
    Still no final decision, just an announcement about a forthcoming announcement, which won't come out until the end of next week. Why can't CBA just say "yes" and let CPK get on the business of selling land?

    ***********************************************************

    19 September 2008
    The Manager
    Company Announcements
    ASX Company Announcements Office
    SYDNEY NSW 2000
    Dear Sir/Madam
    MARKET UPDATE
    The Board of CP1 Limited (ASX code: CPK) advise that they have
    submitted the proposal referred to in an ASX announcement on 8
    September 2008 with respect to the Company’s current finance facility.
    The Company’s financier has requested additional information from CP1 in
    respect to the submission. CP1 will submit the requested information to its
    financier on or before Friday 26 September 2008. The financier has
    indicated that it will be able to respond within 14 days of receiving the
    requested information.
    Yours faithfully
    CP1 Limited
    Lee Danahay
    Company Secretary
 
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Currently unlisted public company.

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