Randall & Quilter Investment Holdings (GB:RQIH) has released an update.
R&Q Insurance Holdings Ltd has been placed into provisional liquidation, with Teneo (Bermuda) Limited’s staff appointed as Joint Provisional Liquidators. The company’s shares remain suspended, and with the resignation of its board of directors and no plans to appoint a new Nominated Adviser, the shares are likely to be cancelled from trading on AIM. Shareholders are warned to expect little to no return on their investments as the liquidation proceeds.
For further insights into GB:RQIH stock, check out TipRanks’ Stock Analysis page.