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Dubai: Kingplace Ltd an Ireland registered investment company announced that it has made an offer to Begbies Traynor, administrator, and Lawrence Hunt, CEO of Silverjet, to relaunch the British exclusively business class airline.
Kingplace is registered in Ireland and managed by Heritage Cie SA, a Geneva trust and management company. The offer by Kingplace is being made on behalf of private clients.
"Kingplace can confirm that it has made an offer to Begbies Traynor and Law-rence Hunt, CEO Silverjet, with a view to purchasing Silverjet," Ian Ilsley, chairman of Heritage and a director of Kingplace said in a statement yesterday.
"We are excited at the prospect of acquiring Silverjet and resuming operations as quickly as possible with the existing staff and in particular, Silverjet's highly regarded crews. We will be investing in the future development and success of the brand. We will make a further announcement in due course," he said.
Late last month the company was forced to closed down its operations as it failed to raise fund infusions from banks and Gulf-based private investors. An early acquisition by Kingplace is expected to give a new lease of life to the airline.
"I am delighted to confirm that Kingplace is in conversation with Begbies Traynor about Silverjet resuming operations in the near future. My aim is to see Silverjet up and flying as quickly as possible, working with our incredible team of staff and delivering our very civilised travel experience," said Hunt.
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