by Duncan Hughes A property selling intermediary which offered commission payments of up to 15 per cent has been placed in liquidation with debts of about $283,000, according to regulatory records. Taylor Dow Property Group, which was based in Port Melbourne, about five kilometres south-west of Melbourne’s central business district, folded with assets of about…
DetailsKOTA KINABALU: The Sabah State Assembly is taking a wait-and-see stance regarding the bankruptcy proceedings against state opposition chief Datuk Lajim Ukin. Assembly Deputy Speaker Datuk Johnny Mositun said they had not received any formal notice that the Klias assemblyman and Parti Harapan Rakyat Sabah president had been declared a bankrupt. We will wait and…
DetailsMore than eight million people across the UK are living with problem debts, according to the Money Advice Service (MAS). Some 8.3 million people across the UK are estimated to be living in the red, the report from the MAS and CACI found. In some parts of the UK, more than one in five adults…
DetailsSeptember 19, 2017: Pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that on Tuesday, September 26, 2017, Mr. Savan Godiawala (IP Registration No. IBBI.IPA-001/IP-P00239/2017-18/10468) (Resolution Professional), the duly appointed resolution professional for the Company appointed in accordance with the provisions of the Insolvency and Bankruptcy…
DetailsVOLUNTARY ADMINISTRATION: Peter O’Brien. Regional building company Peter OBrien Constructions has gone into voluntary administration after being owed $12 million by debtors including a government organisation. The Blayney-based firm owes $5.7 million to creditors including regional subcontractors. A statement released by Mr OBrien said he and his wife Melissa had been forced to sell their assets. The OBriens have put…
DetailsPeter O’Brien Regional building company Peter OBrien Constructions has gone into voluntary administration after being owed $12 million by debtors including a government organisation. The Blayney-based firm owes $5.7 million to creditors including regional subcontractors. A statement released by Mr OBrien said he and his wife Melissa had been forced to sell their assets. The OBriens have put up their…
DetailsSep 19, 2017 03:19 PM IST | Source: CNBC-TV18 Restructuring of non-core businesses will be done in next 30 months. 9 or 10 businesses will either be sold or closed, said AM Naik, Group Executive Chairman, Larsen and Toubro. AM Naik, Group Executive Chairman, Larsen and Toubro in an exclusive interview to CNBC-TV18’s Shereen Bhan…
DetailsSHES the outspoken founder of one of Australias most iconic homegrown takeaways. But Nahji Chu has been forced to defend the use of her own face and name, after losing the Miss Chu Vietnamese tuckshop chain she founded and after signing over the rights to its brand. Miss Chu went into administration in 2014 with…
DetailsFREMONT, Calif., Sept. 19, 2017 (GLOBE NEWSWIRE) — Digital Power Corporation (NYSE AMERICAN:DPW) (“Digital Power” or the “Company”), a company seeking to increase revenues through acquisitions and organic growth, announced today that its Board of Directors has approved a corporate restructure in support of its business model as a holding company and the reincorporation of…
DetailsCape Town Aerios, the company at the centre of a multimillion-rand advertising rights dispute with WP Rugby, say they have laid fraud-related charges against its board of directors over alleged non-presentation of the liquidated professional arms statement of affairs. Included are two directors of Remgro, the investment company which had a 24.9 percent stake-holding in…
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