No Cookies | Daily Telegraph

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Indigenous mining contractor Cundaline Resources pl…

Key points: – The Pilbara contracting success story was founded on the back of Fortescue’s billion-dollar Aboriginal procurement push. – Company carries the legacy of one of WA’s pioneering Indigenous earthmovers. – Members voted to wind the business up at a meeting on 30 May. Cundaline Resources, the 100 per cent Indigenous-owned Western Australian mining…

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Open fibre sues Bank Pembangunan, six others in RM2b High Court claim over Aries telecoms liquidation | Business

STATE-backed development financial institution Bank Pembangunan Malaysia Berhad is facing a massive legal rebound after the majority shareholder of Aries Telecoms initiated a sweeping civil action seeking up to RM2 billion in damages over the controversial liquidation of the strategic infrastructure company. The high-stakes lawsuit, filed by Open Fibre Sdn Bhd in the Kuala Lumpur…

Surf’s out: Iconic coastal stores in administration – News

A “rusted on” Sunshine Coast business has gone into administration, ending four decades of trade. Beach Beat’s operating company, Purple Corridor Pty Ltd, was placed into voluntary administration on June 2, according to a notice lodged with the Australian Securities and Investments Commission (SASIC). The brand’s three stores, located at Caloundra, Coolum and Alexandra Headland,…