Business Updates & Meetings

📌 12-Feb-2025 - Meeting with Consortium of Bankers – Loan Repayment Discussion

We conducted a crucial meeting with the consortium of bankers to discuss the loan repayment plan for Kute Group. The session focused on seeking additional time for repayment, ensuring transparency, and strategizing a feasible solution that aligns with financial commitments.

📌 Key Highlights:
✔ Open discussions with banking representatives
✔ Review of financial restructuring options
✔ Negotiation for an extended repayment timeline

This meeting was a step forward in maintaining financial stability and fostering continued collaboration with financial institutions. More updates to follow.