LIVING and Leisure Australia is still negotiating with interested parties to sell its asset.
The group was due to make an announcement in relation to the proposals by April 18.
But last week, LLA said it is continuing to pursue the potential asset sales, refinancing or recapitalisation of the group and is negotiating with its lenders.
LLA expects to make an announcement at the end of April.
Meanwhile, LLA’s securities will remain in voluntary suspension.
Australian Property Journal
