Reviewing the daily courts lists at the Justice website we find that Zavarco PLC now appears in the Companies Court list under the Chancery Division "In the matter of Zavarco PLC"
Link is here to the UK Justice site and the mention is about halfway down the page under Companies Court.
To all shareholders this is not a very good sign at all and without further information which we are trying to obtain we will not speculate on this recent move but all shareholders should know that this court does deal with the insolvency of companies. We are not suggesting that this is what is happening at this time but shareholders need to be aware of this next move from Zavarco PLC.
Link to the Justice website Chancery Division for info only.
The Vasseti Group was sold to investors as an opportunity rarely seen since the likes of Microsoft. Sold to investors as a premier group of companies made up of mergers & acquisitions, listed on the Frankfurt Stock Ex. and backed by Tan Sri Syed Yusof Nasir, what could possibly go wrong... The reality turned out to be very different. Theft, fraud, deceit, lies and unimaginable greed, eventually led to all investors losing their entire investment.