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Resolved1 update Updated May 4

Troubled Kartasi Industries Facing Uncertain Future

CAPTION: Kartasi Industry Management Is Kartasi Industries going down? A month after we highlighted the sad plight of current and former workers at the paper manufacturer, things at the company seem to be slowly escalating from bad to worse. Trusted insiders have reliably informed us of reports that the firm could so

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Troubled Kartasi Industries Facing Uncertain Future

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CAPTION: Kartasi Industry Management Is Kartasi Industries going down? A month after we highlighted the sad plight of current and former workers at the paper manufacturer, things at the company seem to be slowly escalating from bad to worse. Trusted insiders have reliably informed us of reports that the firm could soon be permanently shut down. As things stand, shareholders have apparently given out a one month notice to the top section of the workforce. However, a majority of casual personnel have yet to be formally notified of this latest development. Just like in the case of their unpaid dues, the management at Kartasi Limited has opted they remain in the dark. The announcement is expected to be made official in the coming days. "Hi,...

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