En­tity plan for up­date

The Gold Coast Bulletin - - BUSINESS -

ONTERRAN, which owns a large slab of Couran Cove Re­sort, is keep­ing share­hold­ers and it­self in sus­pen­sion.

The Bris­bane en­tity has been in vol­un­tary sus­pen­sion since Fe­bru­ary, which last month pre­vented the ASX from pe­nal­is­ing it for not pay­ing list­ing fees. Share­hold­ers have been promised an up­date by Fri­day on ex­it­ing the build­ing in­dus­try, as no fi­nan­cials have been seen since the com­pany’s 2015-16 $1.7 mil­lion loss.

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