RE: This will crash because of the huge operating system loss2 Sep 2024 14:56
Is this Good news 😒😒
The parent company of troubled lender Amigo Loans, which is looking at launching a reverse takeover of the business, has made an addition to its board.
In March, bosses at Bournemouth-based Amigo Holdings announced that is looking at a deal to resurrect the brand.
Amigo Loans is currently being wound down after it ceased operating last year.
The company had faced financial difficulties after being ordered to make compensation payments to former and current customers over historical complaints.
Now Amigo Holdings, which announced in March that it appointed Jim McColl to act as a board consultant, has said McColl will join the board as a non-executive