As foreshadowed in its NSX announcement dated 11 June 2021, the Board of a2a GN Limited (NSX:A2A) has engaged with advisors in Australia and Malaysia to urgently review alternate funding and restructuring options. Whilst reviewing various proposals, the Board prudently moved to temporarily suspend business operations. Following diligent consideration of the options available and acting…
21 July 2021 Consultancy.com.au 2 min. read Global advisory firm FTI Consulting has bolstered its national restructuring team with the hire of four senior managing directors all of which previously were partners at a Big Four firm. For some time now, FTI Consulting has been the dominant restructuring firm globally, and we have had the…
Social Media Share this Article Restructuring Update, New Business to be Vended In Sydney, July 21, 2021 AEST (ABN Newswire) – As foreshadowed in its NSX announcement dated 11 June 2021, the Board of a2a GN Limited (NSX:A2A) has engaged with advisors in Australia and Malaysia to urgently review alternate funding and restructuring options. Whilst…
Nixon Hire returned to profit last year following the completion of a group restructuring which led to the closure of six depots. The industrial equipment company, formed 52 years ago and headquartered in Newcastle, initially operated as a plant hire company with room to service no more than three machines at a time. The company…
MOSCOW, Russia, July 20, 2021 /PRNewswire/ — In this fast-changing digital era, digital transformation has become a natural strategic choice for publishers around the globe to cope with various challenges and revolutions. Underlying the deepening transformation, publishers need to continuously upgrade the digital platforms to meet the diversified business demands. As one of the most…
Auditors have raised significant doubt over Garuda Indonesias ability to continue as a going concern, after the beleaguered flag carrier plunged to a record full-year loss. In a report accompanying the carriers financial results, KAP Tanudiredja, Wibisana, Rintis & Rekan, a member firm of accounting giant PwC, assigned a disclaimer of opinion given when auditor…
Shares of CapitaLand were traded heavily yesterday after the company filed notices for an extraordinary general meeting and a scheme meeting on the Singapore Exchange (SGX) the day before. CapitaLand is seeking shareholders’ approval for the privatisation of its real estate development business and listing of its fund management and property investment arm. The shares…
CapitaLands headquarters on Robinson Road are home to one of Asias biggest privatisation schemes CapitaLands $15.9 billion plan to privatise its development operation and spin off its fund management business is set to go to shareholders next month after receiving approval from the board of Southeast Asias largest real estate business. This restructuring is a…
Academics, university staff and students, workers and youth took part in a lively online public meeting last Saturday to discuss the political issues posed by the historic government-management offensive against university jobs and conditions in Australia and internationally. Many questions were raised and answered about the need for a network of rank-and-file committees to fight…
Bill Ackmans special-purpose acquisition company has abandoned plans to buy a $4bn stake in Universal Music Group after a backlash from regulators and investors. The acquisition of a 10 per cent stake in Universal Music, home to artists such as Taylor Swift and Lady Gaga, will instead be done by the billionaires Pershing Square hedge…