The Committee of Inspection wish to make the following statement.
Summaries of cash balances held and the loan book position at 31 May 2011 are available on the KSFIOM website.
Cash balances increased by approximately £12.2 million during the month ....
The Administrators have today paid a sixth dividend of 5p in the pound, which means that we will shortly receive a payment from them of approximately £12.3 million.
Parental Guarantee claimA hearing took place in the Icelandic Supreme Court on 24 May 2011 to consider our appeal in the case concerning the validity of the parental guarantee.
Tha administrators of KSF-UK have announced a sixth dividend of 5p in the £ to be paid to unsecured creditors on 25 May 2011.
Note to KSFIOM depositors: the dividend due to KSFIOM will be available for inclusion in our next dividend expected later this year.