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Tuesday 24 October 2017 by FIIG Research

Company updates

Mackay Sugar update

THIS CONTENT IS SUITABLE FOR WHOLESALE INVESTORS ONLY

In a circular to growers Mackay Sugar has stated that indicative bids to purchase the cogeneration asset were considered to be unacceptable. Following expressions of interest from the cogeneration tendering process, the Board has instructed Kidder Williams (KW) to run a process to seek proposals to recapitalise the business.

Please see the full update here. External link - opens in a new window Note the content requires a wholesale login.

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