When state-owned fuel company, PetroSA, walked into the boardroom at its Parow head office, it was owed R227-million. By the time it walked out, it had agreed to a deal so toxic that it now faces the possibility of losing R1.4-billion instead – and potentially liquidation. The meeting had been called in May 2025 to…
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The state-owned fuel company, PetroSA, faces liquidation after entering into a settlement with an obscure but ambitious fuel trader, Nako Energy. By the end of 2024, PetroSA and Nako owed each other close to a billion rand, with the balance working out to R227 million in PetroSA’s favour. Six months later, PetroSA officials told Parliament…
Cue Clothing Co failed to make payments to its landlords and suppliers in the months before the retailer, which has operated for six decades, collapsed. On Tuesday, The Australian Financial Review revealed that Cue and the Veronika Maine brands were placed into voluntary administration by its British owners, Hilco Capital. Loading… Read the original article…
REVEALED: Liquidator appointments for businesses in the Fairfield council area for September 16 The Daily Telegraph Read the original article here
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
REVEALED: Liquidator appointments for businesses in the Scenic Rim council area for September 14 The Courier Mail Read the original article here
Alternative Liquidity Fund (ALF) to Distribute $4.252 Million to Shareholders and Initiate Voluntary Liquidation Kalkine Media Read the original article here
REVEALED: Liquidator appointments for businesses in the Toowoomba council area for September 16 Toowoomba Chronicle Read the original article here