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Audit casts ‘doubt’ over the ability to continue for iconic ML&P

April 13, 2014
By LEE IMADA - Managing Editor (leeimada@mauinews.com) , The Maui News

While iconic island company Maui Land & Pineapple made strides in reducing its financial liabilities in 2013, a May 1 maturity date on two loans totaling about $50 million looms over the company as an auditor said there is "substantial doubt" about ML&P's ability to continue as a going concern.

 
 

 

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