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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…
Vocational training provider Site Group International (ASX: SIT) has entered voluntary administration after failing to reach a compromise over $https://www.businessnewsaustralia.com/1https://www.businessnewsaustralia.com/1 million in penalties being sought by the consumer watchdog after an adverse finding against the company’s former Captain Cook College subsidiary four years ago. Site Group had made a $https://www.businessnewsaustralia.com/1.https://www.businessnewsaustralia.com/1 million provision in its books…
Media Release: Brindabella Christian College enters voluntary administration IEU NSW / ACT Read the original article here
Site Group International Enters Voluntary Administration TipRanks Read the original article here
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Recruitment agency boss’s second company goes bust The Press Read the original article here
Healthscope has appointed restructuring experts at KordaMentha to prepare a contingency plan in case the country’s second-largest private hospital operator is placed into voluntary administration. The company was acquired by Canadian investment giant Brookfield in 2019 but has struggled under a debt pile that has reached $1.6 billion. Healthscope has been negotiating with its lenders…
A Canberra private Christian school charging $17,000 a year has failed to pay staff and gone into voluntary administration. Brindabella Christian College owes the Australian Taxation Office office $8m and administrators Deloitte have been appointed. The school has more than 1000 students at its two Canberra campuses, and Deloitte has written to parents saying classes…