Capital Reduction Conygar CIC7 Sep 2016 12:40
Just curious. Conygar have successfully secured a Capital Reduction in the High Court. What is to say that this is not going to be used as a cheaper way tax wise of winding up the company. There are 4 major shareholders in Conygar, that is Mital Group. Fil Fil, and Cove and of course CIC Directors themselves. I hear that Robert Ware would like to retire. This is one way of paying off the creditors and the sharing out the dosh!. Anyone there any thoughts on this as a likely scenario.