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Re: Renee post# 354

Sunday, 09/16/2018 2:26:13 AM

Sunday, September 16, 2018 2:26:13 AM

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Did you ever hear anything on the resolution of the bankruptcy process for IFSG?

As far as I can tell, they have been embroiled in legal processes for their Brazilian subsidiary and there could be a final hearing on 25th September 2018.

https://www.jusbrasil.com.br/topicos/28784816/discobras-industria-comercio-de-eletro-eletronica-ltda

It would be good if the process finally moves back to Hong Kong with a resolution announced in the Hong Kong gazette regarding any residual value for equity shareholders. The "provisional liquidator" never announced zero for shareholders after all these years.
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