LAST night workers of W.E. Smith were notified the company had been placed in voluntary liquidation.
This followed delays in pay, superannuation and company signs changed in front of the factory last week.
W.E. Smith CEO William Van Vliet notified employees via email of the update on Sunday evening.
“Late Friday I was informed of a Shareholder Resolution and instructed to put the company in Voluntary Liquidation, he wrote.
Mr Van Vliet said all wages and superannuation had been paid.
He said W.E. Smith Diversified Pty Ltd had changed its name to Eguana Holdings Pty Ltd as a “fund raising exercise.
W.E. Smith quality assurance and quality cont…
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