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Ocho liquidation meeting 'shambolic mess' – Otago Daily Times

Tempers flared as the fight to save Ocho heated up at a shareholders meeting labelled a “shambolic mess”.

The fate of beleaguered Dunedin chocolate company Ocho remains uncertain after a resolution to place it into voluntary liquidation was postponed at a meeting yesterday.

After an “extremely close” vote, the board said it had decided to postpone the outcome by a day in order to verify the votes, and is expected to communicate the outcome to shareholders by 5pm today.

About 150 shareholders attended the meeting, some chiming in periodically over their microphones and the meetings online chat portal.

One shareholder said the meeting was critical and for it to be a “shambolic mess like this” was ridiculous.

Some said they were emotionall…

Read the full article at: https://www.odt.co.nz/news/dunedin/ocho-liquidation-call-put-1-day-after-‘extremely-close’-vote

Category: LiquidationBy Insolvency Advisory AccountantsJuly 10, 2024

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Ocho liquidation meeting 'shambolic mess' – Otago Daily Times

Tempers flared as the fight to save Ocho heated up at a shareholders meeting labelled a “shambolic mess”.

The fate of beleaguered Dunedin chocolate company Ocho remains uncertain after a resolution to place it into voluntary liquidation was postponed at a meeting yesterday.

After an “extremely close” vote, the board said it had decided to postpone the outcome by a day in order to verify the votes, and is expected to communicate the outcome to shareholders by 5pm today.

About 150 shareholders attended the meeting, some chiming in periodically over their microphones and the meetings online chat portal.

One shareholder said the meeting was critical and for it to be a “shambolic mess like this” was ridiculous.

Some said they were emotionall…

Read the full article at: https://www.odt.co.nz/news/dunedin/ocho-liquidation-call-put-1-day-after-‘extremely-close’-vote

Category: LiquidationBy Insolvency Advisory AccountantsJuly 10, 2024

Post navigation

PreviousPrevious post:Online bookseller Booktopia enters voluntary administration; Dymocks circles – Sydney Morning HeraldNextNext post:Labor reveals personal bankruptcy overhaul – The Australian Financial Review

Related Posts

Call to reinstate travel compensation scheme after millions lost in AVG Travels collapse
June 15, 2026
The Song Company to enter liquidation
June 10, 2026
One of Sydney’s best-known hospitality empires crumbles under debt
June 5, 2026
Buyer’s agency Dashdot’s collapse leaves hundreds of customers tens of thousands out of pocket
June 5, 2026
Visa applicants out of pocket as Gold Migration Lawyers goes into liquidation
June 2, 2026
EXCLUSIVE: Multi Million Dollar Retailer Collapse Rocks Australian Distributors After Business Placed Into Liquidation – channelnews
June 1, 2026
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