Tracey Callaghan and Peter Souster will be charged with realising the assets of the company which was wound up in the High Court on 15 December as a result of a petition by its directors.
This followed on from the sale of the company’s healthcare and property subsidiaries.
Callaghan said: ‘Our main objective is to realise the assets of the core public company and to make a payment to its unsecured creditors. It will be part of our duties to investigate the historic trading of the business.’
She added that she hoped to make a ‘significant return’ to the company’s creditors, although it would be unlikely that any funds would be available for the ordinary shareholders, of which there are more than 12,000.
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