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Healthcare Enterprise Group

  • BY: Andrew Hore |
  • POSTED: 26/08/2011 |

Healthcare Enterprise Group has been placed in compulsory liquidation.

The company’s Aim quotation was cancelled on 22 June 2011. That was six months after the shares were suspended on 21 December 2010. The suspension was requested because Healthcare Enterprise was not able to publish its figures for the year to June 2010 by the end of 2010. The shares were suspended at 20.5p each, which valued Healthcare Enterprise at £1.31m.

Costs incurred in trying to buy a new business for the group meant that Healthcare Enterprise was short of cash and it could not raise any more.

The winding up order was announced on 20 July.

Download the August 2011 edition of AIM Journal at http://www.hubinvest.com/AIMPDFAugust2011_23.pdf

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