Triangle Energy Enters Voluntary Administration Amid Decommissioning Challenges in Perth Basin Operations Kalkine Media Read the original article here
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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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…
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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BDO Wellington receivers Jessica Kellow and Iain Shephard were appointed as receivers and managers of the companies last week through an order from the High Court at Wellington. “The appointment follows a relationship property dispute between Mr Ryan and his former partner,” Shephard said. Matthew Ryan owns multiple properties in the capital. File photo /…
‘Proud of what we built’: Gisborne builder’s business collapses amid $420k debt Herald Sun Read the original article here
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…
Insight into the fall of British high street video game retailer Game going into administration has been brought to light in a new report. After years of business troubles and challenges, this write-up claims the company’s liquidation was caused by changing consumer behaviour, fierce competition, and “uncertainty associated with Brexit”. KR8 Advisory’s report, penned by…