- Sept 30 (Reuters) - Quintain Estates and Development PLC:
* Says has made good progress regarding its cash preservation programme
* On course to achieve its target of repatriating up to &£100M by the end of its
financial year on March 31, 2009
* In addition to the 16.9 mln pounds of asset sales announced in its Interim Management Statement, a further 46.3 mln pounds has been raised through the repayment by a third party of a loan facility and the sale of shares in Redhill Aerodrome Ventures Ltd.
* Has also made good progress with its active asset management programme tf.TFN-Europe_newsdesk@thomson.com ak COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
* Says has made good progress regarding its cash preservation programme
* On course to achieve its target of repatriating up to &£100M by the end of its
financial year on March 31, 2009
* In addition to the 16.9 mln pounds of asset sales announced in its Interim Management Statement, a further 46.3 mln pounds has been raised through the repayment by a third party of a loan facility and the sale of shares in Redhill Aerodrome Ventures Ltd.
* Has also made good progress with its active asset management programme tf.TFN-Europe_newsdesk@thomson.com ak COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
© 2008 AFX News
