SJI Vote

Dear All,
We were informed today by Almudena that the SJI creditors vote is provisionally over 50% for yes , as the vote has to be checked and ratified by the court . Therefore, SJI will be coming out of administration like HdT, which is good for HdT purchasers/creditors as SJI owns 50% of HdT and also good news fro SJI purchasers/creditors. An update report will follow in the next few days and will be placed on the SARC website.
 
All the best
Tony
On behalf of the SARC Committee

 

This message was last edited by TonyMal on 01/12/2010.

This is good news but only if SJ now pull their fingers out. I suspect it will be the Spring now before we see anyone.

I'm not convinced that they won't pull some other stunt though.

Thanks for the info TM shame its not on the EP site

Good news for SJ nobody else !!!!!!!

Dear el Pinet owners,

the SARC committee is very shortly going to have a meeting with HdT/SJI and we have a SJI purchaser on the committee , representing the interests of SJI purchasers (el Pinet, Playa Golf, Albatera). We will be raising varrious issues and will write a report that will be placed on our website and available for all to access.

Wishing you all the best

Tony