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Assets for Sale

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On September 18, 2020, MNP Ltd. was appointed as receiver and manager without security, of all the assets, undertakings and properties of Turuss (Canada) Industry Co., Ltd.

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On November 6, 2020, King Street Company Inc., The King Street Hospitality Group Inc., Bonta Trading Co. Inc., 2268218 Ontario Inc., 1733667 Ontario Limited, The King Street Food Company Inc., The King Street Restaurant Company Inc., 2112047 Ontario Ltd., Ji Yorkdale Inc., Ji Square One Inc., 1771669 Ontario Inc. , Cxbo Inc., 2608765 Ontario Inc., 2272224 Ontario Inc., 2327729 Ontario Inc., 2577053 Ontario Inc., 2584858 Ontario Inc., 2621298 Ontario Inc., 2641784 Ontario Inc., and 2656966 Ontario Inc. (Collectively Referred To “KSF Group” or the “Companies”), sought and obtained from The Ontario Superior Court of Justice (Commercial List) an Order (The "Initial Order") under the Companies' Creditors Arrangement Act ("CCAA"). Pursuant to The Initial Order, MNP Ltd. has been Appointed as CCAA monitor.

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MNP Ltd. in its capacity as Receiver of K.M.B. Holdings Ltd, is requesting parties who may be interested in purchasing land zoned for residential development located in the Scenic View subdivision, off the Indian Meal Line in Torbay, NL to respond to this request. Offers to Purchase can be submitted to the Receiver. To obtain information pertaining to the assets and the process for submitting offers, please contact Eric Findlay at MNP Ltd. by phone at 902.407.3237 or email at [email protected]

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