McAleese receiver Grant Thornton expects to fully recover debts owed to the transport group from deals struck with funds lent by Hong Kong's SC Lowy.
The Hong Kong investment group appointed Grant Thornton on August 29 to recover money it lent to McAleese's finance arm as part of an agreement in July to provide a $20.8 million working-capital facility, according to filings with the Australian Securities and Investments Commission.
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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com
