Kaidianbao Files for Liquidation as China’s Payment Industry Shakeout Deepens

Kaidianbao Payment Service Co. Ltd., once one of China’s major third-party payment firms, has applied for bankruptcy liquidation as tighter oversight accelerates a shakeout in the country’s payment industry. A Shanghai court has scheduled a hearing for July 16, according to a notice on China’s national corporate bankruptcy restructuring information platform. You’ve accessed an article…

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Crunch time for major apple company

Reading Time: 2 minutes Liquidators have been appointed to oversee the administration of one of New Zealand’s largest apple growers after it went into voluntary administration owing millions. Hawke’s Bay-based Kiwi Crunch was placed into administration this week. It is the sole shareholding company in Crasborn Fresh Harvest Limited, which was put into liquidation on…

Concerns after second largest apple grower and exporter Kiwi Crunch enters voluntary administration

Major apple grower and exporter Kiwi Crunch Hawke’s Bay has entered voluntary administration, alongside several other associated companies. According to its website it managed 450 hectares of fruit-growing land across multiple orchards in Hawke’s Bay and Central Otago. Wade Steven Glass was the director of Kiwi Crunch Hawke’s Bay, along with Kiwi Crunch Exports Ltd,…

UK travel company enters liquidation as all trips cancelled

The holiday firm has shut down after 28 years and is set to enter liquidation (Image: imageBROKER/Michael Szönyi via Getty Images) A British travel firm providing overseas holidays has stopped trading after almost three decades of operation. Global Vision International (GVI) provided programmes including wildlife and conservation expeditions to destinations such as Costa Rica, Fiji…