Corporate team reviewing their restructuring plan

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 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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Properties for Sale The Receiver has engaged Avison Young Real Estate Alberta Inc. (“Avison Young”) to list for sale the land and improvements representing First Street Plaza (the “Property”). The Property is located in Calgary, Alberta. Please contact Avison Young for further information with respect to the Property at the following contact information: Walsh Mannas
Principal, Investment Sales
+1 403-232-4381 Mobile +1 403-819-6932
[email protected] | avisonyoung.com 
585 – 8th Avenue SW, Suite 1200, Calgary, Alberta T2P1G1

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