The government has stepped up efforts to prevent the provisional liquidation of Tongaat Hulett Limited (THL), warning that the collapse of the sugar producer would have devastating consequences for thousands of jobs and rural livelihoods, particularly in KwaZulu-Natal. Last month, Tongaat Hulett business rescue practitioners announced that they had filed an application to the High Court seeking…
More than 60 unsecured creditors unlikely to be repaid as propagation business liquidated The Press Read the original article here
GrabOne to be relaunched under Paradigm Group after liquidation shutdown … Read the original article here
Digital Asset Acquisition reported a net income of $4.24 million and earnings per Class A ordinary share of $0.25 for the year ended December 31, 2025, despite recording a negative operating income of $(379,159) largely driven by general and administrative costs tied to IPO preparation. The company recorded no operating revenues for the period and…
Major Aussie online car seller collapses News.com.au Read the original article here
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The Western Cape High Court has placed Banxso (Pty) Ltd under final liquidation, bringing legal finality – at least in the winding-up proceedings – to a saga that began with deepfake-fuelled complaints and escalated into regulatory freezes, licence withdrawal, and a record administrative penalty of R2 billion. In a judgment delivered on 2 March, Judge…
One of Australia’s largest independent transport operators, XL Express, has entered voluntary administration after 35 years in business. The Queensland-based company, which launched in 1990 and built a national road transport logistics network, has appointed FTI Consulting as voluntary administrators to carry out what it describes as an “urgent assessment” of the company’s viability. SUBSCRIBE…
Miranda family devastated as online car buying platform enters voluntary administration St George & Sutherland Shire Leader Read the original article here