The Parks townhouses in Red Hill was one of the projects affected by PBS Building going into voluntary administration. Photo: Ian Bushnell.
Collapsed building company PBS Building could be forced to liquate four of its five companies as part of recommendations from its administrators.
Earlier this year, RSM Australia Partners were appointed voluntary administrators of PBS Buildings five companies operating across the ACT, NSW and Queensland.
The administrators have recommended creditors put four of these into immediate liquidation, including construction companies in Canberra and Queensland.
However, a different decision has been recommended for PBS Building NSW (PBSB NSW).
Instead, its been suggested those creditors enter into a Deed …
Read the full article at: https://the-riotact.com/recommendations-for-immediate-liquidation-of-select-pbs-building-construction-companies-including-in-act/698393