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Ditch DOCA, KDC administrators say

KIMBERLEY Diamond Company will likely be wound up, leaving creditors with, at best, 4c in the dollar, if the company’s administrators’ suggestion is followed.

Noel Dyson
Kimberley Diamond Company will likely be wound up, leaving creditors with, at best, 4c in the dollar.

Kimberley Diamond Company will likely be wound up, leaving creditors with, at best, 4c in the dollar.

KDC’s board called in Jirsch Sutherland as administrators on July 1.  The firm provided its report to creditors on Tuesday and recommended creditors vote to wind the company up. KDC’s employees, who...

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