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Ocho liquidation meeting 'shambolic mess' – Otago Daily Times

Tempers flared as the fight to save Ocho heated up at a shareholders meeting labelled a “shambolic mess”.

The fate of beleaguered Dunedin chocolate company Ocho remains uncertain after a resolution to place it into voluntary liquidation was postponed at a meeting yesterday.

After an “extremely close” vote, the board said it had decided to postpone the outcome by a day in order to verify the votes, and is expected to communicate the outcome to shareholders by 5pm today.

About 150 shareholders attended the meeting, some chiming in periodically over their microphones and the meetings online chat portal.

One shareholder said the meeting was critical and for it to be a “shambolic mess like this” was ridiculous.

Some said they were emotionall…

Read the full article at: https://www.odt.co.nz/news/dunedin/ocho-liquidation-call-put-1-day-after-‘extremely-close’-vote

Category: LiquidationBy Insolvency Advisory AccountantsJuly 10, 2024

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Ocho liquidation meeting 'shambolic mess' – Otago Daily Times

Tempers flared as the fight to save Ocho heated up at a shareholders meeting labelled a “shambolic mess”.

The fate of beleaguered Dunedin chocolate company Ocho remains uncertain after a resolution to place it into voluntary liquidation was postponed at a meeting yesterday.

After an “extremely close” vote, the board said it had decided to postpone the outcome by a day in order to verify the votes, and is expected to communicate the outcome to shareholders by 5pm today.

About 150 shareholders attended the meeting, some chiming in periodically over their microphones and the meetings online chat portal.

One shareholder said the meeting was critical and for it to be a “shambolic mess like this” was ridiculous.

Some said they were emotionall…

Read the full article at: https://www.odt.co.nz/news/dunedin/ocho-liquidation-call-put-1-day-after-‘extremely-close’-vote

Category: LiquidationBy Insolvency Advisory AccountantsJuly 10, 2024

Post navigation

PreviousPrevious post:Online bookseller Booktopia enters voluntary administration; Dymocks circles – Sydney Morning HeraldNextNext post:Labor reveals personal bankruptcy overhaul – The Australian Financial Review

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Aussie budget holiday firm AVG Travels collapses
May 27, 2026
Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
May 27, 2026
Holidayers stranded as AVG Travels goes into liquidation
May 26, 2026
AVG Travels enters liquidation a week after customers report cancelled tours
May 26, 2026
Gold Coast travel brand Kooshy Kids collapses into liquidation
May 20, 2026
Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
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