News blog

CSF Group

• BY: Andrew Hore |
• POSTED: 11/07/2014 |

Michael Leong has been promoted to acting chief executive of data centre operator and developer CSF Group.

Leong will implement the company’s strategy of increasing data centre occupancy, reducing costs and conserving the company’s cash. The cash has fallen by more than two-thirds to £3.7m at the end of March 2014.

The announcement of the company’s full year figures will be delayed from July to the end of September 2014 so that the audit can be finished.

Richard King has resigned as a non-executive director.

At 3.75p a share , down 0.38pm CSF is valued at £6m.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFJune2014_57.pdf