An Aussie tech start-up that sensationally collapsed with debts of more than $12 million was losing money since its inception, according to the liquidator’s report. E-Mersion Media, based in Melbourne and with offices also in the UK, captured investors’ interest with its “innovative” idea of digitising traditional print magazines. But the media-tech business only managed…
Edinburgh-based BusTech SA, together with its Queensland counterpart, appointed a voluntary administrator on August 12. BusTech SA was party to an $11.75 million state government contract announced in January, in which it would supply vehicle bodies, with Scania to build the chassis. Transport Minister Tom Koutsantonis said he was concerned about BusTech’s situation. “I’m very…
ASLAN PHARMACEUTICALS LIMITED Following a thorough review of all strategic alternatives, ASLAN Pharmaceuticals Pte Ltd, the sole operating subsidiary of ASLAN Pharmaceuticals, has filed for voluntary liquidation Quantuma (Singapore) Pte Limited International has been appointed as the official liquidator and will seek potential strategic alternatives for the Companys development programs, eblasakimab and farudodstat SAN MATEO,…
The e-bike business at the centre of allegations made against independent MP Darleen Tana and her husband has gone into liquidation this afternoon. The findings of a Green Party-commissioned investigation into Tana were publically released earlier today after she resigned from the party last week. Her husband Christian Hoff-Nielsen owns the business which has become…
Darleen Tana resigned as a Green MP last week. Photo: Green Party NZ Former Green MP Darleen Tana’s husband’s e-bike business is in liquidation, on the same day the executive summary of the report into what she knew about allegations of migrant exploitation at the business was publicly released. The New Zealand Companies Register shows…
About 4.30pm, the Companies Office updated its website to say E Cycles NZ Limited has had liquidators, receivers or voluntary administrators appointed. The liquidators are Kieran Michael Jones and Steven Khov. Two accountants from Khov Jones were combing through the shop when the Herald visited. They would not discuss their activities inside the store. Advertisement…
Actura Australia was placed into liquidation last month and now its New Zealand business has followed suit. File image Educational travel company Actura New Zealand has today July 17 been placed into liquidation. The move follows its Australian parent company, Actura Australia Pty Ltd, going into liquidation last month. As the Times has previously reported, numerous…
The future of Geelong-based brewing company Vahalla is uncertain, becoming the latest craft brewery to enter voluntary administration. Lotus Beer Collective which trades locally under the Valhalla name appointed administrators on Monday. The local company has a brewery and taproom in the Federal Mills in North Geelong which only opened last year, along with a…
By Padraig Collins For Daily Mail Australia Published: 10:38 AEST, 17 July 2024 | Updated: 10:38 AEST, 17 July 2024 An Australian brewery has gone into voluntary administration as the cost-of-living crisis claims another venue. Lotus Beer Co, w… Read the full article at: https://www.dailymail.co.uk/news/article-13641311/Lotus-beer-administration.html
Senior counsel K Vivek Reddy, representing ICICI, referenced a London court judgment from October of the previous year to support the insolvency proceedings against GVKPIL. 3 min read Last Updated : Jul 16 2024 | 11:43 PM IST GVK Power and Infrastructure Ltd (GVKPIL) will face insolvency proceedings for failure to pay loans to lenders,…