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.
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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.
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.
Plan could get Victorian gold miner back in business.
Baralaba creditors opt for DOCA
GreaseBoss slides into Oaky Creek North