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Daily Archives: January 31, 2025

Kelly Slater Wave Company suffers wipeout in the Gold Coast

Voluntary AdministrationBy January 31, 2025

The Kelly Slater Wave Company has suffered a major setback in its first artificial wave arena project. The investment proposed for the gold coast is suspended by the announcement that LM Investments has been placed into voluntary administration. The fund manager governing $3 billion is under investigation by the Australian Securities and Investments Commission for…

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