Bangkok Insurance, which is one of Thailand’s leading general insurers, has formed a holding company and is restructuring the group. The restructuring process will involve the delisting of ordinary shares of Bangkok Insurance from the Stock Exchange of Thailand (SET); making an offer for the shares, establishing a new holding company, and listing the ordinary shares…
Its been revealed that a building company that collapsed earlier this year had just $17.80 left in its bank account. In July, news.com.au reported that Melbourne-based bespoke building company Avra Group (Aust) Pty Ltd had entered into liquidation. A report prepared by Philip Newman of insolvency firm PCI Partners, the appointed liquidator, showed that the…
National touring body Critical Stages Touring announced late Friday that its Board had made the difficult decision to place the company into liquidation. The news was announced on social media at 3pm AEST. Critical Stages staff, including CEO Robbi James, Programming Producer Scarlet McGlynn, and Senior Producer Melanie Carolan, are no longer employed by the…
By Eliza Mcphee For Daily Mail Australia Published: 14:02 AEDT, 18 October 2023 | Updated: 17:34 AEDT, 18 October 2023 Popular Australian clothing brand Nobody Denim has collapsed after racking up $3.6million in debt. The brand, known mostly for its range of jeans, entered volun… Read the full article at: https://www.dailymail.co.uk/news/article-12643067/Nobody-Denim-Iconic-goes-under.html
A popular Melbourne denim brand sold at major retailers has gone into liquidation. Nobody Denim went into liquidation on October 10 according to documents filed with the Australian Securities and Investments Commission. Shane Deane and Nicholas Giasoumi from Dye and Co have been appointed as liquidators. Looking for a new job or job candidate? Post…
Wiggle could face insolvency following its owner Signa Holding has withdrawn funds from the division that owns the bikes etailer. According to CyclingNews, Wiggle has stopped paying suppliers, cancelled orders and is not receiving goods until further notice. Last Monday, Signa which co-owns Selfridges ended an 130m funding commitment to its sports division Signa Sports…
Australian frozen dessert company Sara Lees voluntary administration has caused a buzz in Hong Kong as fans have urged dessert lovers to add the brands products to their shopping lists. This comes after Sara Lee appointed FTI Consulting as its voluntary administrator on 17 October, according to the SCMP. On Wednesday, FTI Consultings administrators said they…