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AssetCo winding-up petition lifted

By BFN News | 08:29 AM | Wednesday 04 May, 2011

The winding-up petition against fire engine company AssetCo has been lifted. On 29 March, the company announced that another creditor had been substituted on to the winding-up petition, and that the new management team was determined to ensure full process and investigation of these calls for payment and the matter was adjourned for fuller determination. At a court hearing on 27 April, agreement was reached with the substituting petitioner and supporting creditor and the petition was dismissed. At 8:29am: (LON:ASTO) share price was +0.13p at 9.75p Story provided by

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