Salim Mehajer, the embattled former deputy mayor of Auburn, has had two of his businesses placed under voluntary administration. Documents lodged with the Australian Securities and Investments Commission (ASIC) reveal both companies – Sydney Project Group Pty Ltd and S.E.T. Services Pty Ltd – had administrators appointed by their board on June 16 over fears of insolvency.…
DetailsThursday June 22, 2017 Technology firm Hills says it will make another loss this financial year, due to the costs of a restructure and its scrapped plans to demerge its health technology business. In the black, with a red dress on… Kouts’ strangely “sexless” budget … Read the full article at: http://indaily.com.au/news/business/2017/06/22/hills-post-third-straight-annual-loss/
DetailsInsolvency and losses ‘to rise as Brexit kicks in’ BelfastTelegraph.co.uk A credit management seminar in Belfast has heard that it is likely that there will be an increased level of company insolvencies and losses as credit risks are “exacerbated by Brexit”. http://www.belfasttelegraph.co.uk/business/news/insolvency-and-losses-to-rise-as-brexit-kicks-in-35852366.html http://www.belfasttelegraph.co.uk/business/news/article35852365.ece/1e12d/AUTOCROP/h342/2017-06-22_bus_32244336_I1.JPG Email A credit management seminar in Belfast has heard that it is…
DetailsJune 22 Prime Customer Services Ltd: * Says to consider other proposals of business restructuring related to cold storage and ripening unit * Says to consider repairs and maintenance of business premises located at Jamalpur area * To consider business expansion and setting up of collection centers for fruits & vegetables in Maharashtra & Gujarat…
DetailsLONDON German tennis legend Boris Becker, who won six Grand Slam titles, has been declared bankrupt by a London court on Wednesday. Although 49-year-old Beckers lawyers asked the bankruptcy court in the British capital for a last chance to pay off the debt, it was rejected by Registrar Christine Derrett. Beckers lawyers argued that there…
DetailsIluka Resources plans to put its Hamilton mineral separation plant in Victoria on care and maintenance status resulting in an $150 million pre-tax impairment charge in its half-year accounts. The mineral sands miner will also record redundancy and restructure costs of $14 million in the half-year results, with the plant expected to suspend operations in…
DetailsBrisbane-founded recruitment startup iRecruit made its Shark Tank debut on Tuesday night, but a lot has happened at the company since the television episode was filmed last year. IRecruit attracted $500,000 in pre-launch seed funding in August 2016, but by the time Tuesdays Shark Tank episode went to air, both of the companys co-founders had stepped…
DetailsBecker declared bankrupt by British court Published on: Thursday, June 22, 2017 LONDON: Boris Becker (was declared bankrupt by a British court on Wednesday after the former tennis player failed to pay a long-standing debt. A lawyer for the six-time Grand Slam champion pleaded with a Bankruptcy Court registrar in London for a last…
DetailsAustralians will be protected from running up excessive debt with multiple credit cards under a new federal government plan. Their ability to repay credit limits within a reasonable period will require assessment in a suite of measures to be introduced before the end of 2017. Unsolicited offers of credit limit increases will be banned, how…
DetailsTennis champion Boris Becker has been declared bankrupt – by a court official who watched him play on Centre Court. Lawyers for the three-time Wimbledon winner pleaded with a Bankruptcy Court registrar in London on Wednesday for “a last chance” to pay a long-standing debt. But Miss Registrar Christine Derrett, who recalled watching him play,…
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