Hundreds of property owners who signed up with failed construction company Watersun Homes remain without a builder to complete their homes. More than 400 homes were left unfinished when the Victorian arm of Watersun Homes, WSH Group, went into administration in February Play Video Don’t Play Passenger in critical condition after PSO ‘wrestle’ Play Video Don’t…
Home owners caught up in the Watersun Homes collapse say they have been left with homes so faulty or incomplete that other builders have refused to work on them. Despite administrators finding construction companies to finish around 200 of the affected properties across Victoria, about 100 homes remain languishing with no one willing to take…
A Queensland-based real estate startup that raised $1.5 million in funding last July has entered liquidation, after facing financial troubles when its shareholders disagreed over the direction of the business. Administrators from Worrells Insolvency were appointed to Revalu8 Limited on February 13 and after a second meeting of creditors on March 10, a decision was made on March…
Hundreds of property owners who signed up with failed construction company Watersun Homes remain without a builder to complete their homes. More than 400 homes were left unfinished when the Victorian arm of Watersun Homes, WSH Group, went into administration in February. Play Video Don’t Play Inside Hazelwood power station Play Video Don’t Play Video…
A judge in Kimberley, South Africa, has issued an interim liquidation order against three subsidiaries of dual-listed Rockwell Diamonds. The interim orders, which have to be confirmed in a final hearing, include Rockwell Resources RSA (Rockwell RSA), HC van Wyk Diamonds (HC van Wyk) and Saxendrift mine (Saxendrift). The effect is that an…
Revalu8, a self-described Uber of real estate launched in July last year, has sunk into liquidation. Creditors decided to wind up the Queensland startup and appoint a liquidator at a meeting last week, with a software development company owed more than $486,000 out of total debts of $687,938. The Revalu8 service launched last June backed…
VANCOUVER (miningweekly.com) A judge in Kimberley South Africa has on Thursday issued an interim liquidation order against three subsidiaries of TSX- and JSE-listed Rockwell Diamonds. The interim court order does not affect Rockwell Diamonds, the parent entity. Advertisement The liquidation application was enrolled on the opposed motion roll in Kimberley high court for Thursday. The…
VANCOUVER, March 24, 2017 /CNW/ – Rockwell Diamonds Inc. (“Rockwell” or the “Company”) (TSX:RDI; JSE:RDI) announces that a judge in Kimberley South Africa issued an interim liquidation order against three subsidiaries of the Company yesterday. The interim orders, which have to be confirmed in a final hearing, include Rockwell Resources RSA (Pty) Ltd (Rockwell RSA), HC…
Not even a BRW young rich lister can make a profit in the recently reformed vocational education market. Ryan Trainor, chief executive of registered training organisation Republica Education, has closed the doors of one of his private colleges, Tractor Design School, claiming the federal government’s reforms to the scandal-plagued sector made it impossible to make money. Ryan Trainor, Founder and…
Farmers in the Esperance area are coming to terms with the closure of the Shark Lake Food Groups Myrup abattoir. The Shark Lake Food Group facility is an export-licensed works, capable of processing beef, sheep, goats and offal. It is also a major employer in the Esperance area, with more than 100 employees involved in…