At a media conference held at Deloitte’s Brisbane office this morning, Kleenmaid Group Joint Administrator John Greig has reemphasised that they are still unsure about the future of customers goods and deposits, in addition the initial breakdown of figures was also released.
“Unfortunately it is too early to say whether customers who have paid in full are likely to receive the items they have purchased,” he said.
“Customers who have paid deposits for goods are now effectively unsecured creditors and will receive a letter explaining the next steps of the administration process shortly.”
In efforts to ensure consumers are kept fully up to date, Greig highlighted that they are currently liasing with key stakeholders such as the Office of Fair Trading and Australian Securities and investment Commission.
The initial figure owed to creditors has also been released, and currently it sits at around $73 million.
The breakdown is as follows:
Secured Creditors – $27 million
Customer deposits – $27 million
Trade and suppliers – $16 million
Landlords and warehouse operators – $2 million