Liquefied Natural Gas Limited (ASX: LNG) announce that Craig Crosbie, Simon Theobald and Daniel Walley of PwC Australia were appointed joint and several Voluntary Administrators of four of the Company's wholly owned subsidiaries on 6 May 2020.
The subsidiary companies are LNG International Pty Ltd (ACN 099 217 455), LNG Technology Pty Ltd (ACN 115 455 788), Mayflower LNG Pty Ltd (ACN 145 733 071), and North American LNG Pty Ltd (ACN 145 961 306) (the Australian Subsidiaries).
The Voluntary Administrators are continuing to assess the assets and business of the Company and its Australian Subsidiaries, and are working closely with the US-based management team in this regard.
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