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Basper Ltd announces decision to commence process to wind up company


Sunday, 3 Aug 2014 10:00pm EDT 

Basper Ltd:Says that it has ben endeavouring to seek increased value for its shareholders in relation to the disposal of the Basper Ltd.Says corporate shel and was in discussion with a number of parties who had expressed an interest in gaining control of the company, for the purposes of achieving a listing on the ASX for their own businesses.Says it is not ben able to come to a satisfactory agreement with any of the parties and given commitment to resolve the future of the company one way or the other.Says by the end of Sept. 2014 the company resolved to immediately commence the process to wind up the company and return any excess funds, after the payment of outstanding creditors and commitments to Shareholders.Says shareholders will be advised in due course, of the date, time and place for an Extraordinary Meting of shareholders at which meting shareholders will be asked to approve the formal winding up of the company. 

Company Quote

0.5
0.05 +11.11%
24 Dec 2013