A second KleuterZone company has been put into provisional liquidation. On Friday, the Western Cape High Court granted an order for the provisional winding up of KleuterZone (KZ) Ventures, a management company of the controversial KleuterZone franchise. ADVERTISEMENT CONTINUE READING BELOW Read:Court stops Bougas brother from selling R2.7m AudiRegulators have once again failed South Africans…
“As an organisation that is heavily reliant on Medicare rebates, a small number of government project grants, and membership fees to sustain our services, it has been extremely challenging to raise sufficient income to cover true operational costs,” the clinic said. Read the original article here
“As an organisation that is heavily reliant on Medicare rebates, a small number of government project grants, and membership fees to sustain our services, it has been extremely challenging to raise sufficient income to cover true operational costs,” the clinic said. Read the original article here
NovelStem International Corp., a company that has recently shifted its focus from media to biotechnology, has released its annual 10-K report. The report provides a comprehensive overview of the company’s financial performance, business operations, strategic initiatives, and the challenges it faces. This summary highlights the key aspects of the report, offering insights into NovelStem’s current…
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StrongRoom AI has fallen into administration after the board concluded there were doubts about its solvency, despite the pharmaceutical software start-up being valued at almost $70 million just two weeks ago. Filings with the corporate regulator show HLB Mann Judd, a consulting and accounting practice with a specialised insolvency division, was appointed late on Friday.…
It’s no understatement to say the unfolding saga surrounding collapsed medtech StrongRoom AI has sent shockwaves through the Australian startup and venture capital ecosystems. Last week’s extraordinary decision by Sydney venture firm EVP to call in the police on its newest portfolio company — a decision no investor would take lightly — kicked off a…
Star Entertainment is once again on the brink of collapse, after a rescue deal fell through. The casino group was working to secure a refinancing arrangement with Salter Brothers Capital, which has now been withdrawn. The failure to secure the $750 million deal has forced the company to try and shore up an alternative arrangement…
Interchange Health Cooperative Ltd (IHCO), a Canberra-based bulk-billing allied health and general medical practice was today placed into voluntary administration. The organisation, which provides 100 per cent bulk-billing services to some of Canberra’s most vulnerable community members, appointed RSM Australia Partner Jonathon Colbran and Director Adam Cormack as Joint and Several Voluntary Administrators of the…
Hikanui Capital was established in 2019 and specialises in property development, relocatable homes, and property rental. The company was placed in liquidation by order of the High Court over “unpaid levies” to one of the creditors, a body corporate, and it has stopped trading, according to the first liquidator’s report released late last week. The…