Singapore: Notice of intended dividend issued for Xin Sheng Shipping Pte Ltd – Manifold Times
Singapore: Notice of intended dividend issued for Xin Sheng Shipping Pte Ltd Manifold Times Read the original article here
Barbeques Galore to close more than 60 stores, with hundreds of workers facing redundancy
Barbeques Galore will wind up in the coming weeks, with hundreds of workers facing redundancy. The retail chain entered into voluntary administration in February, and today announced it was unable to find a buyer or complete a recapitalisation. It will shut its 62 company-owned stores in the coming weeks and work through “transitional arrangements” with…
No Cookies | The Cairns Post
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Barbeques Galore to close; up to 500 jobs to go
Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA A deal to rescue iconic retailer Barbeques Galore from administration has collapsed, with up to 500 jobs to go as the group synonymous with Australia’s barbecue culture prepares to shut its remaining company stores in…
No Cookies | The Australian
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Iron ore miner Nathan River Resources enters administration owing at least $300 million
Iron ore mining company Nathan River Resources (NRR) has gone into voluntary administration, owing more than $300 million in debt, unpaid wages and royalties. The company owns the Roper Bar mine, 600 kilometres south-east of Darwin in the Northern Territory. Work at the site stopped in April when the the company stood down its staff.…
The Kwik Shuffle: How a French Share Issue Put an African Tech Asset Beyond a European Court’s Reach
For years, the standard playbook for African tech startups seeking international venture capital was simple: establish a holding company in a European jurisdiction like the Netherlands, Delaware, or the UK, channel investment through it, and run operations via local subsidiaries in markets like Lagos, Nairobi, or Johannesburg. However, a public bankruptcy filing in Amsterdam reveals…
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Agtech startup Goterra enters voluntary administration
Australian climate tech startup Goterra has entered voluntary administration after failing to secure the critical investment needed to scale its automated, insect-powered waste-processing operations. The company’s board has appointed Daniel Walley and Martin Ford of Teneo to serve as joint administrators. Founded by Olympia Yarger, Goterra pioneered an innovative circular-economy solution using advanced robotics and…
No Cookies | The Australian
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