Queensland biotech company Xing Technologies’ offices now sit empty, while shareholders have been left in the dark

Uncategorized

Curing cancers using genetic sequencing, rapid tests for livestock diseases, a near infallible COVID-19 test, more refined medicinal marijuana — Xing Technologies promised so much. The Queensland biotech company founded by prominent Brisbane oncologist and researcher Paul Mainwaring, rode a wave of favourable publicity in the late 2010s. Headlines like “game changer” and “breakthrough” were regularly used to describe…

High-rise builder ABD Group goes into liquidation

Liquidation

High-rise builder ABD Group went into liquidation on Friday after creditors appointed SV Partners’ Michael Carrafa and Peter Gountzos as liquidators of the troubled company. The appointment of liquidators meant there was no plan or hope for a turnaround of the company led by chief executive Raffaele Aiello, which records show last May formally changed…

Wireless services provider collapses into voluntary administration after nine years in business

Voluntary Administration

A New South Wales-based company that specialises in designing, installing and servicing wireless products has collapsed into voluntary administration. Enersus was established in 2006 and over the past nine years has provided wireless services to a range of large entertainment and sporting facilities, including Rod Laver and Hisense arenas in melbourne, perth Arena, the Darwin…