Supple and 260 creditors to meet today

THE top 10 unsecured creditors of troubled construction company John F Supple Limited are owed more than an average of €250,000 each.

CRH plc subsidiary John A Wood is the single biggest unsecured creditor and is owed €754,000.

John F Supple Limited, which has secured High Court protection preventing any of its creditors from seeking an order to have it wound up, is to meet with more than 260 unsecured creditors today in the Gresham Metropole Hotel in Cork city centre, in a bid to secure their agreement to accept an offer of 75c in the €1 to permit the company to trade out of its difficulties.