There were contrasting announcements this week from 2 of AIM’s senior citizens, both of which are burdened by huge pension obligations. We comment here on a hopefully brighter future for 600 Group and more struggles for Mpac, the former Molins
600 Group (AIM:SIXH), the AIM listed distributor, designer and manufacturer of industrial products, which we last covered back in November 2017, announced that the Trustee of its UK defined benefits scheme has agreed to a buyout of the scheme liabilities by Pension Insurance Corporation Plc, a specialist insurer.
With its origins in the 1930s, the SIXH of today operates in two divisions with three principal areas of activity:
Investor's Champion offers objective, incisive and forthright comment on quoted companies and personal finance. Our content addresses what we believe are the key issues in helping make your money go further.
Investor's Champion is a registered trade mark of Investors Champion Ltd. Investor's Champion Limited is a company registered in England and Wales under number 03577867 whose registered office is at Fourth & Fifth Floor, 14-15 Lower Grosvenor Place, London, England, SW1W 0EX.