Maybe I am being a simpleton here but can someone explain why anyone would bid for a company whose assets are "unknown". Surely, the biggest possible asset is the elusive GS but even the Administrator does not know where that is!!!!
I thought FL had confirmed it was with ltd??
If that is the case then I must have missed it. I hope that you are correct and another bidder other than Shitzu is accepted.I thought FL had confirmed it was with ltd??
Isn't it more likely to write off existing debts? They will probably form another subsidiary too.