Hooker value given
Hooker Corporation’s chairman, Mr George Herscu, has estimated the property and retail company had a surplus of assets over liabiilities of sAust6soM' (SNZBS9M) when it was placed in provisional liquidation on July 26. The estimate was in Mr Herscu’s report on company affairs which was submitted to provisional liquidator, Mr John Harkness, on December 1, a month after the other three Hooker directors submitted a report estimating a surplus of sAustl7lM (SNZ226M) Mr Harkness’ application for the winding up of Hooker was stood over to February 6, to allow time to prepare a scheme of arrangement which would require the approval of, 75% of creditors.
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Bibliographic details
Press, 13 December 1989, Page 42
Word Count
108Hooker value given Press, 13 December 1989, Page 42
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