Home

Kalair denies bankruptcy

Wed, 2011-10-26 17:37 — newsdesk

UM Group has discredited rumors of bankruptcy.
Omar Kalair, UM Group's CEO, stated that the bankruptcy rumors were due to "confusion" around the winding up of one of its affiliated companies, UM Financial Inc. He added that other UM companies "continue with business as usual."

Source: 

http://www.zawya.com/story.cfm/sidZAWYA20111023072431/Kalair_denies_bank...