Vocation Limited
(ASX:VET) has asked for its shares to remain suspended while flagging an interim loss and the departure of its chief.
The education and training company expects to report a net loss of about $27 million in the first half of the 2015 financial year.
Vocation has also advised its CEO and Managing Director Mark Hutchinson will resign once a replacement has been found.
The company is currently conducting a strategic review and says it will consider all options including mergers, divestments and recapitalisation.
Vocation reported a net profit of $8.27 million in the 2014 financial year.
