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ASTO 285.00 -15.00 (-5.00%)
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AssetCo sells UK fire engine fleet to equity firm for �2
Since last September, shares in AssetCo have gone from 1.61p a share, to 250p a share. Yesterday, shares in the fire-truck leasing company closed up 9.7pc at 271.5p on the back of its announcement.
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Early applications for pre-action disclosure: Assetco Plc v Grant Thornton UK LLP
The Commercial Court has recently clarified the correct approach for a court upon assessing this first limb of the test as to whether to order PAD, in the (as yet) unreported case of Assetco Plc v Grant Thornton UK LLP (unreported, January 25, 2013 ...
Lincolnshire fire service AssetCo contract 'ended'
In 2006, AssetCo Lincoln and fire bosses signed a 20-year contract and then announced the acquisition of 35 new engines and 22 refurbished ones.
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Lincolnshire fire service faces �9m bill for leased engines
The council said it cannot go into details why it ended the contract for legal reasons, however parent company AssetCo Plc has struggled with financial problems.
Fire engine firm AssetCo restates 2010 results
(Reuters) - AssetCo Plc, the owner of London's fire engines, said it had restated its accounts for 2010 after the company discovered "significant" overstatement of profits and assets.
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Burning Questions At AssetCo
Despite its bland name, events at micro cap AssetCo (LSE: ASTO) have all the ingredients of a drama, with elements of London's Burning, Yes Minister and Wall Street.
The week ahead...
AGM/EGM. Lekoil, Cupid, Narborough Plantations, Charlemagne Capital, AssetCo, W Resources, Public Power Corp, Eland Oil & Gas, Real Estate Investors, HC Slingsby, Elephant Capital, Beximco Pharmaceuticals.
Where did it all go wrong, asks firm's axed workforce
UV Modular, a subsidiary of AssetCo plc, an integrated support services business based in Middlesex, was created in 2002 from the ashes of UVG which had gone into administration.
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Questions asked about fire engine sell-off
The fleet was owned by another firm Assetco which has been in financial difficulties for some time. Last week, it announced that it had sold the fleet to another company AB and A Investments.
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Jobs axe on 140 staff at Brighouse firm UV Modular
The company is a subsidiary of AssetCo plc, an integrated support services business based in South Ruislip, Middlesex. Mr Ellis said: �Unfortunately the company's financial position means that we have no alternative but to make the majority of the 140 ...