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BRIEF-Martin Aircraft in discussions to confirm ongoing funding support to finalise financial statements

Published Aug 28, 2017 14:19
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© Reuters. BRIEF-Martin Aircraft in discussions to confirm ongoing funding support to finalise financial statements
 
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Aug 28 (Reuters) - Martin Aircraft Company Ltd MJP.AX

* Currently in discussions reagrding confirmation of ongoing funding support to finalise its 30 June 2017 financial statements

* There may be material impairment of capitalised development assets & other assets in company's preliminary FY17 financial statements

* Likely that co will be automatically suspended from trading on 31 Aug 2017 until FY17 financial statements are completed & lodged

BRIEF-Martin Aircraft in discussions to confirm ongoing funding support to finalise financial statements
 

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