RCR shareholders won't get money back: administrators

IT’S official: investors in the grand old dame of Australian engineering company RCR Tomlinson are not getting their money back, despite their class action in the Supreme Court of New South Wales.

RCR shareholders won't get money back: administrators  RCR shareholders won't get money back: administrators  RCR shareholders won't get money back: administrators  RCR shareholders won't get money back: administrators  RCR shareholders won't get money back: administrators

The Haughton Solar Farm, located near Townsville in Queensland, had planning approval to extend its capacity up to 500MWac.

 
Administrators from McGrath Nicol said yesterday, "we do not believe there will be sufficient recoveries to repay creditors in full".

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