Fri, Jan 12, 2018 – 8:15 PM
INVESTMENT holding company k1 Ventures Limited (k1) announced on Friday that it intends to undertake a proposed members’ voluntary liquidation of the company.
This comes after k1 completed the disposal of its entire interests in Chicago-based financial services and investment management holding company Guggenheim Capital for approximately US$221 million on Nov 17.
The company also placed its wholly owned subsidiary, FSHCO Holdings, under members’ voluntary liquidation on Dec 27.
k1 will proceed with the voluntary liquidation once it gets approval from shareholders owning at least 75 per cent of all shares at an upcoming extraordinary general meeting.
Following the approval by the company’s shareholders …
Read the full article at: http://www.businesstimes.com.sg/companies-markets/k1-ventures-to-undertake-proposed-members-voluntary-liquidation
