Triangle Energy (ASX: TEG) Suspended from ASX Following Voluntary Administration Appointment on 21 July 2026

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Triangle Energy Appoints Voluntary Administrator as Operator Faces Decommissioning Obligations

Triangle Energy (Global) Limited (ASX:TEG), an oil and gas exploration and production company operating in Western Australia’s Perth Basin, has announced the appointment of a voluntary administrator to itself and three wholly owned subsidiaries. The decision follows the appointment of administrators to Pilot Energy Ltd and Triangle Energy (Operations) Pty Ltd, the operator of the…

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Debt is nothing to be ashamed of. It’s time to end the stigma

The gap matters because it points to something counterintuitive: in communities where financial hardship is most common, it can paradoxically become a source of private shame rather than a shared experience that warrants collective support.   In these environments, asking for help becomes emotionally loaded. People worry about being judged by their employers, neighbours or…

ERIC LEVENSTEIN | Business rescue comes of age as major restructurings preserve jobs and creditor value

South Africa is losing companies at an alarming rate. Stats SA reports that 225 companies were placed into liquidation in May. So far this year, 1,116 companies have entered liquidation. Behind each failure lies more than the loss of a business: jobs disappear, creditors suffer losses, and productive economic capacity is permanently destroyed. While liquidation…

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Guildford investment manager enters voluntary liquidation

Guildford alternative investment manager Prosper Capital LLP (FRN: 453007) went into creditors’ voluntary liquidation on 1 June. Jeremy Karr and Simon Killick of BTG Begbies Traynor were appointed as joint liquidators. The firm acted after The Financial Ombudsman Service upheld complaints about property investments made through Crowd2Let (FRN: 743371), which was an appointed representative of…