Strategic Exit and Shareholder Implications

Liquidation

Avance Gas Holding Ltd’s decision to pursue a voluntary liquidation and de-listing marks a pivotal moment in its corporate history. Shareholders approved the winding-up process on May 16, 2025, appointing Michael Penrose of EY Bermuda Ltd. and Igal Wizman of EY Bahamas Ltd. as Joint Liquidators (JLs). The de-listing from the Euronext Oslo Børs, effective…

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Liquidation

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…

D.T. Dobie goes into liquidation as receiver takes over

Liquidation

AI image  The High Court has placed D.T. Dobie & Company (Kenya) Limited under liquidation and an official receiver appointed as the liquidator of the motor vehicle dealer. In a notice dated August 15 issued pursuant to the Insolvency Act, Mark Gakuru confirmed his appointment as the official receiver and liquidator of the company following a special resolution passed…

BRIPAN highlights role of insolvency, business recovery in boosting SME survival

Liquidation

PRESIDENT of the Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN), Chimezie Victor Ihekweazu (SAN), has said that in light of the changing world and numerous economic challenges many businesses are facing, business owners should engage business recovery experts to save businesses before they actually fail. He stressed that they are willing and ready…