A $21m hearing healthcare company has gone bust, blaming a fallout with a key supplier for its woes. ASX-listed Nuheara Limited, which specialises in a wireless earbud that allows customers to augment their hearing, announced its move into voluntary administration late on Wednesday afternoon, appointing KPMG administrators to take control of the firm. “The decision…
In a win for BYJU’S’ lenders, the Supreme Court of India has issued an interim order staying the National Company Law Appellate Tribunal’s (NCLAT) decision that had allowed a settlement between the edtech company and the Board of Control for Cricket in India (BCCI) regarding outstanding dues of approximately Rs 158.9 crore. The apex court…
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Regional Express (REX), Media Release, 6 August 2024 Hi there, I’m Sam Freeman, and alongside Justin Walsh, Adam Nikitins, and our team, we have been working to ensure Rex’s regional services continue through – and beyond – Rex’s Voluntary Administration. As we shared on social media last week, we’ve been focused on ensuring our regional…
Coffee Day Enterprises Ltd (CDEL) shares recorded a sharp cut in Monday’s trade, extending their losing run for the third straight session. The stock dived 19.47 per cent to hit a day low of Rs 37.55. It was last seen trading 15.14 per cent down at Rs 39.57. At this price, the scrip has slipped…
Furniture, fittings of struggling cabaret being flogged online Gold Coast Bulletin Read the original article here
A Perth-based wireless earbud company, voted one of the best inventions of 2020, has appointed a voluntary administrator. Nuheara announced to the ASX it had been expecting a $2.5 million investment known as a convertible note from audio company Realtek Semiconducter Corporation that did not eventuate. It was also expecting a commercial and royalty agreement…
NCLT Approves Resolution Plan For Nirmal Lifestyle Realty BW Legal World Read the original article here
Damning findings in Dynasty liquidation as debt climbs to $2.4m Sunshine Coast Daily Read the original article here
Noosa businessman places company into administration Sunshine Coast Daily Read the original article here