Wytomic gets creditor approval for recap proposal
14:20, Monday, 21 November 2005
Sydney - Monday - November 21: (RWE Aust Business News) - The
recapitalisation program for Wytomic Ltd (ASX:WYT) has been approved by
the creditors.
The recapitalisation, when completed, will allow the company to
seek a lifting of the suspension of trading in its securities on the
Australian Stock Exchange.
The varied Deed of Company Arrangement was executed on October
The documentation necessary to convene a shareholder meeting is
being prepared by the the deed administrators and proponent Jonathan
Remta.
A shareholder meeting is expected to be held in January.
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