Tempo collapse laid bare
October 4, 2019
CREDITORS of the collapsed Tempo Holidays Pty Limited (TD 20 Sep) appear unlikely to recover any of their funds, with the company's administrator yesterday highlighting that its main asset is about $36 million in loans to its ultimate parent firm, India-based Cox & Kings (C&K).
The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 04 Oct 19To see the full story, see the embedded issue below or CLICK HERE to download Travel Daily from 04 Oct 19