Travel Daily | Tempo collapse laid bare

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).

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The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 04 Oct 19
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