Konica Minolta has announced its intention to liquidate a manufacturing subsidiary in China, which has been calculated to result in a financial loss of approximately ¥6bn (£31.7m). Konica Minolta Business Technologies, also known as Konica Minolta WUXI, primarily produces imaging products and office machines. The company first decided to end production at the WUXI plant…
Inherent Risks enters liquidation itij.com Read the original article here
Coleman led the charge for Infinite restructure The West Australian Read the original article here
Vanadium producer Bushveld Minerals (Bushveld) is being put into liquidation and will be delisted from the London Stock Exchange’s AIM market where its share price has crashed from around 30p five years ago to the current 0.3p. This follows a decision by the Bushveld board of directors that Bushveld “has liabilities due that it cannot…
A company that once operated a popular South Dunedin tavern has been liquidated, leaving behind more than $100,000 of remaining debt. Akuhata Ltd was put into liquidation in February last year, with Trevor and Emma Laing appointed liquidators. The company was incorporated in November 2020 for the purpose of purchasing a tavern operation from a…
China Shadow Bank That Oversaw $108 Billion Faces Liquidation Bloomberg.com Read the original article here
South West administrations remain steady – but warning of corporate insolvencies and opportunistic M&A amid tariff uncertainy Insider Media Ltd Read the original article here
By Engen Tham DALIAN, China (Reuters) – When a Chinese pork producer filed for bankruptcy in 2019, the news came as a jolt to Alan Hill. The retired Apple executive from Albuquerque had invested about $100,000 last decade in Dalian Chuming Meat Processing through a U.S.-listed holding company, Energroup Holdings. Chuming had not paid dividends…
When a Chinese pork producer filed for bankruptcy in 2019, the news came as a jolt to Alan Hill. The retired Apple executive from Albuquerque had invested about $100,000 last decade in Dalian Chuming Meat Processing through a U.S.-listed holding company, Energroup Holdings. Chuming had not paid dividends for many years, but it supplied pork…
Open this photo in gallery: A shopper walks past an empty sales area at the flagship downtown Hudson’s Bay store, in Vancouver, on March 24.DARRYL DYCK/The Canadian Press A law firm representing some Hudson’s Bay Co. employees is raising the alarm about long-term disability payments, which are paid out of the company’s cash and are…