Prospective buyers have a “unique” opportunity to buy part or all of Koko Black, according to the administrators of the chocolate manufacturer and retailer. Deloitte is calling for expressions of interest in the Koko Black group of companies, which entered voluntary administration on November 9. Koko Black is continuing to trade as the busy Christmas…
Family truck business Ron Crouch Transport has fallen into voluntary administration this week after 47 years of driving Australian roads. Executive Director Geoff Crouch announced with a heavy heart on Tuesday that the voluntary step was taken to provide clarity for employees, customers and suppliers amid the business dealing with industry pressures. “It is with…
A national security company that held contracts with AFL clubs, retailers, government agencies and universities has collapsed into administration after a string of scandals, placing 1700 jobs at risk two days before Christmas. Administrators were appointed after melbourne-headquartered MA Services Group fell into voluntary administration on Tuesday. Loading… Continue reading…
Up to 1,700 jobs have been axed two days before Christmas as a melbourne-based company that provides security, cleaning and maintenance staff to the public sector and major retailers enters administration. MA Services listed Coles, Kmart, Aldi, Amazon, Dan Murphy’s and several AFL clubs among its clients along with a number of local councils. It…
A major and ongoing investigation into MA by this masthead over the past two months has exposed many of these issues and revealed how the firm has faced sustained scrutiny from authorities and liquidators. Ahuja has also been accused of being a serial sex harasser. Despite the problems, MA won lucrative contracts with blue-chip companies…
In a shocking turn of events just two days before Christmas, up to 1,700 employees of MA Services have been notified of job losses, as the melbourne-based company has entered voluntary administration. Known for providing security, cleaning, and maintenance staff to public sector clients and prominent retailers, the company has served major names including Coles,…
Redfern’s Carriageworks has gone into voluntary administration. Well, fuck. Carriageworks, a beloved hub known for its live performances and art exhibits, is now sydney’s first major arts enterprise to take such measures. As the arts sector continues to bear the brunt of this lockdown period, further pressure is being placed on the government to provide…
One of Australia’s largest wide format printers, melbourne-based Billboard Media, has been placed into voluntary administration. Richard Albarran and John Vouris from Hall Chadwick were appointed as joint administrators on Monday 8 December. In a notice posted by the Australian Securities & Investments Commission (ASIC), Jordan Developments Pty Ltd as trustee for Shreeve Family Trust…
A once-thriving gym chain, which boasted high-profile investors and a clientele of sports stars, has sensationally collapsed, leaving prime commercial real estate in sydney’s coveted Potts Point and inner-city Newtown, along with brisbane’s bustling Fortitude Valley, in an uncertain future. Hustle Boxing, co-founded by Tim McGann and Simon Maree, entered voluntary administration on Monday, according…
Dozens of homebuyers and tradies on the gold coast are in limbo this morning, following the collapse of another major Australian builder. PBS Building finally confirmed overnight that they have gone into voluntary administration, with all 180 staff made redundant. The company had 80 projects across the country in the works, including several on the…