EAGLE Boys Pizza has collapsed into voluntary administration. The nation’s third-largest pizza chain behind Domino’s and Pizza Hut confirmed the news in a statement on its website on Friday afternoon. “The Eagle Boys Dial-a-Pizza Pty Ltd (Eagle Boys) Board of Directors confirm the Australian Head Franchisor has been placed in Voluntary Administration as of Thursday…
Australia’s Star Entertainment is selling its half-share in a brisbane entertainment complex to its Hong Kong partners for A$53 million (S$44.3 million) in a last-minute bailout for the cash-strapped casino group. Star has been trying to navigate mounting pressures to avoid voluntary administration. Its ASX-listed shares have been suspended because it has not published half-year…
Image via TuchuzyWords by Tori Mathison Another blow to the retail industry. Designer brand mecca Tuchuzy has announced that it’s entered into voluntary administration. The news comes after a startling number of Australian…
Faced with subcontractors on the verge of financial ruin, construction giant Multiplex is urgently appealing for government assistance to stabilise the $836 million sydney Fish Market project. The plea for intervention follows the downfall of Sharvain Facades, the company behind the project’s striking wave-like roof, which went into voluntary administration in March, reportedly owing tens…