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The IPO of Umuthi – 5 days to winding up order Court Hearing

By Tom Winnifrith | Wednesday 13 January 2021


The date has now been set. On 18th January, a judge will, almost certainly, grant Richard Jennings and Align Research a winding up order against Umuthi PLC. Jennings has made 17 agreements with the company to defer payment of a low 5 figure bill and every one of them has been breached. But still Umuthi is trying to list on the Standard List.

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