South Australian construction company Wake Concepts has appointed a liquidator and terminated about 100 staff members.
Wake Concepts specialised in the construction of wall and ceiling linings, with its major project at the time of liquidation being Adelaides Festival Tower in the CBD.
Insolvency firm Heard Phillips Lieberenz was appointed on September 19 with Anthony Phillips to manage the companys liquidation.
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In a statement, Phillip said Wake Concepts had ceased all operations and terminated all of its approximately 100 staff members.
Phillips said he would be working with the relevant unions to provide assistance to affected employees.