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Mackay millionaire is on board with McAleese – Gympie Times

MACKAY businessman Keith Price is back on board with McAleese.

Mr Price, the former owner of McAleese and the second richest man in Queensland in 2013 due to his share in the company before it was listed on the Australian Securities Exchange, was reappointed to the board on Friday.

It has been reported in the Australian Financial Review that Mr Price led a group of Mackay investors who wanted to oust chairman Mark Rowsthorn before the company went into voluntary administration in August but were beaten by the appointment of administrators.

“(The Mackay investors) were angered that the appointment of administrators early on (August 29) had thwarted their bid to remove Mr Rowsthorn and four other directors and replace t…

Read the full article at: http://gympietimes.com.au/news/mackay-millionaire-is-on-board-with-mcaleese/3114015/

Category: LiquidationBy Insolvency Advisory AccountantsNovember 21, 2016

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PreviousPrevious post:Mackay millionaire is on board with McAleese – Mackay Daily MercuryNextNext post:What do restructuring bankers do? Rothschild director responds – eFinancialCareers

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Mackay millionaire is on board with McAleese – Gympie Times

MACKAY businessman Keith Price is back on board with McAleese.

Mr Price, the former owner of McAleese and the second richest man in Queensland in 2013 due to his share in the company before it was listed on the Australian Securities Exchange, was reappointed to the board on Friday.

It has been reported in the Australian Financial Review that Mr Price led a group of Mackay investors who wanted to oust chairman Mark Rowsthorn before the company went into voluntary administration in August but were beaten by the appointment of administrators.

“(The Mackay investors) were angered that the appointment of administrators early on (August 29) had thwarted their bid to remove Mr Rowsthorn and four other directors and replace t…

Read the full article at: http://www.gympietimes.com.au/news/mackay-millionaire-is-on-board-with-mcaleese/3114015/

Category: LiquidationBy Insolvency Advisory AccountantsNovember 21, 2016

Post navigation

PreviousPrevious post:National Debt Relief Shares Signs Of Being A Financial Mess – BenzingaNextNext post:DPC pushes for new Tetrad audit – Zimbabwe Independent

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Caravan builder Highline Caravans collapses into liquidation owing $1.14m
June 3, 2025
Collapsed tourism agent Traveldream may have taken customers’ money while insolvent
June 2, 2025
Is illegal phoenix activity rife among construction companies?
June 1, 2025
Australian private hospital giant’s liquidation threatens jobs and patients
May 31, 2025
Creditors owed more than $280K
May 31, 2025
Brisbane Air Locker Training location goes into liquidation
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