A construction company has collapsed with creditors owed millions of dollars for projects across Victoria, NSW and Queensland.
Kenik was wound up in Queensland’s Supreme Court earlier this year after another business launched legal action against the Melbourne-based company.
Kenik, which had been in the property and construction industry for more than 25 years, now owes more than 200 creditors a combined total of $6.6million, a new report lodged to the Australian Securities and Investments Commission (ASIC) has revealed.
The document revealed the company’s creditors are from five major projects.
Kenik had been involved in a series of legal battles in its fight to remain in business.
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