The Western Cape High Court has placed CFD trading platform Banxso under provisional liquidation, with Judge André le Grange handing down a damning judgment that described the company as operating a fraudulent and predatory business model that preyed on vulnerable investors. The application was brought by 60-year-old pensioner Carol Margaret Wentzel, who lost more than…
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. ST Group Food Industries Holdings Limited ( (SG:DRX) ) has shared an update. ST Group Food Industries Holdings Limited has announced the proposed creditors’ voluntary liquidation of…
Nine non-bank financial institutions (NBFIs) out of a total of 35 are likely to be liquidated in the interest of depositors, making it the first such incident in the financial sector. The nine NBFIs are: FAS Finance, Bangladesh Industrial Finance Company, Premier Leasing, Fareast Finance, GSP Finance, Prime Finance, Aviva Finance, People’s Leasing and International…
A union has welcomed the government taking over a troubled steel company, but is warning that payment for workers must be a top priority. Speciality Steels UK – which employs almost 1,500 people – was pushed into compulsory liquidation yesterday, and is the third-largest producer in the country. It is part of the Liberty Steel…
A union has welcomed the government taking over a troubled steel company, but is warning that payment for workers must be a top priority. Speciality Steels UK – which employs almost 1,500 people – was pushed into compulsory liquidation yesterday, and is the third-largest producer in the country. It is part of the Liberty Steel…
UK’s third-largest steel producer pushed into compulsory liquidation MSN Read the original article here
Lexington Blue bankruptcy converted to liquidation. What it means for homeowners Lexington Herald Leader Read the original article here
Melbourne commercial printer, Ezprint, has hit the skids, entering voluntary liquidation following a general meeting of company members last Friday (15 August), halting all work and terminating employment for all staff. A letter to staff members from company director, Daniel Mayson, stated: “Unfortunately, despite our best efforts, we have reached a point where the business…
Eevia Health The Board of Directors of Eevia Health Plc (“Eevia” or the “Company”) has resolved to propose to the General Meeting of Shareholders that the Company enter voluntary liquidation. Despite a recent surge in commercial opportunities including new multi-million item orders and the initiation of supplier set-up with two of the world’s largest brands,…
Aker Carbon Capture ASA Reference is made to the extraordinary general meeting in Aker Carbon Capture ASA (under liquidation) (the “Company”) held on 5 August 2025 where it was resolved to liquidate the Company. The Company’s Board of Directors has in accordance with section 16-6 of the Norwegian Public Limited Liability Companies Act prepared a…