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Quintis updates on efforts to recover outstanding loans payable to company

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  1. July 17 (Reuters) - Quintis Ltd (QIN) -

    • Asia Pacific Investments and Quintis have now agreed to move 10 July 2017 and 14 July 2017 exercise window to 24 July 2017 to 26 July 2017
    • One of these investors is Frank Wilson, co's former MD, who is in payment default under his $11.1 million loans with arwon
    • Advises unit resolved to commence enforcement action against two investors who are in default of repayment obligations
    • Updates on changes to terms of a plantation put option and efforts to recover outstanding loans payable to company
    Discuss this via QIN


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