Site Group International Limited (ASX:SIT), an education provider, has entered voluntary administration, appointing Adam Peter Kersey and David Michael Stimpson of SV Partners as joint and several administrators. The decision, effective March 5, 2025, was made by the company’s directors. The administrators are now tasked with evaluating the company’s business operations and financial standing. During this period of voluntary administration, all of Site Group International’s listed securities will remain suspended from trading on the ASX. This action signals significant financial distress within the company, prompting a thorough review of its assets and liabilities. Shareholders are advised to consult ASIC’s information…
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