Turkey’s securities regulator on Thursday ordered the liquidation of 130 investment funds and suspended purchases and redemptions involving funds managed by seven companies on the country’s main electronic fund platform after investors withdrew as much as $1 billion from Turkish funds in a single day. The rush for cash helped send the country’s main stock…
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Five Cue clothing stores will close in the wake of the retailer’s voluntary administration and receivership announcement earlier this week. In a statement provided to SmartCompany, FTI Consulting on Friday confirmed Woden Cue, Parramatta Cue, Mosman Veronica Maine, Melbourne Central Cue and Armadale Cue are set to shut their doors, with staff potentially re-deployed across…
| Seymour Telegraph seymourtelegraph.com.au Read the original article here
Cue Clothing will close five stores after the retail company went into voluntary administration. (Dean Lewins/AAP PHOTOS) Five womenswear stores will close just days after an Australian fashion retailer went into voluntary administration, as the receivers try to find a buyer for the struggling business. Sydney-based fashion business Cue Clothing Co, which operates women’s labels…
| Corowa Free Press Corowa Free Press Read the original article here
BY KINGSLEY ASAREThe Chartered Institute of Restructuring and Insolvency Practitioners Ghana (CIRIP Ghana) has urged financially struggling and distressed registered businesses to seek early professional intervention to revive their operations rather than resorting to winding up. He said the Corporate Insolvency and Restructuring Act, 2020 (Act 1015) and the Chartered Institute of Restructuring and Insolvency…
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