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Sevco in crisis as shareholders reject rescue plan
VideoCelts · Nov 28, 2016

Sevco in crisis as shareholders reject rescue plan

Sevco in crisis as shareholders reject rescue plan
Sevco in crisis as shareholders reject rescue plan

Dave King had planned to use the resolution to convert £14m of soft loans into equity but with a loss making company without an overdraft or NOMAD it’s difficult to see how that cunning plan could have been carried out...

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