§ Mr. Staintonasked the Secretary of State for Trade what is the best present estimate of the cost of the Companies Acts inquiry into the affairs of Kina Holdings Ltd. of Hadleigh, Suffolk, and subsidiary and associated companies; and how this compares with the subscribed capital of that company or companies.
§ Mr. Clinton Davis£116,799 has been paid to date to the two inspectors. It is not possible to say what further costs will be incurred in completing the inquiry. The issued and paid-up capital of the company is £192,500.
§ Mr. Staintonasked the Secretary of State for Trade when he anticipates that the Company Acts inquiry into Kina Holdings Ltd. of Hadleigh, Suffolk, and subsidiary and associated companies will be published; and if he will ensure that this encompasses bankers, brokers, accountants, auditors and solicitors.
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§ Mr. Clinton DavisThe inspectors are reaching the concluding stages of their inquiry and I hope to receive their report before the end of this year. After the report is received, consideration will be given to publication. The inspectors will deal with such matters as are appropriate and relevant in their report.