The company’s existing shareholders had lost money even before the coronavirus crisis. Virgin’s share price was only 19 cents one year ago, less than half the value of four years ago. The shares fell to 8.6 cents before going into a trading halt last Tuesday. Loading The priority for the government is the welfare of…
Dinner by Heston in the Crown Casino complex in melbourne, Australia has entered voluntary liquidation. The move follows a failure to comply with a statutory request by the Australian Fair Work Ombudsman (FWO) to calculate and pay back payments for staff. The restaurant is owned by Tipsy Cake Ltd and uses celebrity chef…
This was published 6 years ago December 22, 2019 — 4:54pm Save You have reached your maximum number of saved items. Remove items from your saved list to add more. Save this article for later Add articles to your saved list and come back to them anytime. Got it AAA A serial scammer has walked…
This was published 6 years ago Updated December 16, 2019 — 5:46pm,first published December 16, 2019 — 12:00am Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA A “defective” business model that experts say has reached epidemic levels in the NSW building industry is…
A representative of a company previously named New Horizons Learning Centres Holdings, and now involved with an organisation trading as NextTech Institute of Learning, confirmed it had a franchisee relationship with a company with the same name as the liquidated entities. However, it is understood that the new company is not linked to any organisation referenced…
Earth Purveyors of Fine Food has reportedly entered voluntary liquidation, with claims the company “has no money whatsoever”. The gold coast cafe was run by chef Ant Ewart and was in business for two years. The Gold Coast Bulletin reports Ewart placed the company, located in the suburb of Paradise Point, in voluntary liquidation a few…
Etihad Airways has contacted the lenders to revive the non-functioning airlines, Jet Airways, weeks after the National Company Law Tribunal (NCLT) has approved the corporate insolvency resolution process (CIRP) against the Jet Airways, reported by Economic Times. While Etihad has shown interest in participating in the CIRP of Jet, lenders have asked them to look…
Voluntary Administration Process Commences for Bradbury Industrial Services Pty Ltd Bradbury Industrial Services Pty Ltd (Bradbury Industrial) today announced that it has appointed Trent Hancock of PKF Chartered Accountants as Voluntary Administrator. Bradbury Industrial has made this difficult but prudent decision due to solvency concerns. As Administrator, Mr Trent Hancock and the PKF team will…
The boost in revenues helped deliver higher pre-tax profits of 3.5m, up from 2.3m in 2018. The results for the year to 30 April 2019 show continued growth for the company which has achieved compound annual growth in adjusted earnings per share of 14% over the past four years. The board is recommending an increase…
A well known Tasmanian businessman and a wine industry identity are the new owners of Winemaking Tasmania. The Cambridge facility was placed into voluntary administration in May and the assets have been sold to Tasmanian Vintners. Rod Roberts and Peter Fogarty are equal partners in the company which has offered all employees ongoing jobs. Read…