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Daily Archives: August 21, 2021

Lendlease plans restructuring, warns of tough year – The Australian Financial Review

RestructuringBy Insolvency GuardianAugust 21, 2021

They historically have actually delivered great product, said Jason Kururangi, a senior research analyst at Milford Asset Management. I do think they need to deliver more consistently. That might mean they need to restructure how the business thinks about development. Earnings improvement Net profit after tax of $377 million was in line with the companys…

Golden Century’s golden era comes to an end – Good Food

LiquidationBy Insolvency GuardianAugust 21, 2021

There are restaurants, and then there are restaurant institutions. Golden Century, late-night Cantonese restaurant to the stars, is the latter. And now, as NSW gears up for another month of lockdown, the Chinatown landmark has entered into voluntary administration. The 20-year lease on the Sussex Street location is up at the end of August and…

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