Monday 18 October 2010

KENNY'S GROUP BANKRUPTCY RUMOURED TO BE IN PLAY


Insider reports today advise Kenny's Cardiology and associated companies are close to being pushed into receivership. Insiders say, like Cookieman, it's involuntary and being organised by one or more unpaid vendors.

Other corporate events that have occurred since shares were suspended are also being investigated by the ASX. The ASX is previously said to have warned Allied Brands directors that suspension of the shares on the market does not remove the requirement for "continuous disclosure" of important corporate events.

More soon. . . .

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