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Mackay millionaire is on board with McAleese – Mackay Daily Mercury

MACKAY businessman Keith Price is back on board with McAleese.

Mr Price, the former owner of McAleese and the second richest man in Queensland in 2013 due to his share in the company before it was listed on the Australian Securities Exchange, was reappointed to the board on Friday.

It has been reported in the Australian Financial Review that Mr Price led a group of Mackay investors who wanted to oust chairman Mark Rowsthorn before the company went into voluntary administration in August but were beaten by the appointment of administrators.

“(The Mackay investors) were angered that the appointment of administrators early on (August 29) had thwarted their bid to remove Mr Rowsthorn and four other directors and replace t…

Read the full article at: http://dailymercury.com.au/news/mackay-millionaire-is-on-board-with-mcaleese/3114015/

Category: LiquidationBy Insolvency GuardianNovember 21, 2016

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Mackay millionaire is on board with McAleese – Mackay Daily Mercury

MACKAY businessman Keith Price is back on board with McAleese.

Mr Price, the former owner of McAleese and the second richest man in Queensland in 2013 due to his share in the company before it was listed on the Australian Securities Exchange, was reappointed to the board on Friday.

It has been reported in the Australian Financial Review that Mr Price led a group of Mackay investors who wanted to oust chairman Mark Rowsthorn before the company went into voluntary administration in August but were beaten by the appointment of administrators.

“(The Mackay investors) were angered that the appointment of administrators early on (August 29) had thwarted their bid to remove Mr Rowsthorn and four other directors and replace t…

Read the full article at: http://www.dailymercury.com.au/news/mackay-millionaire-is-on-board-with-mcaleese/3114015/

Category: LiquidationBy Insolvency GuardianNovember 20, 2016

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PreviousPrevious post:Singapore setting an example for Aus – Lawyers WeeklyNextNext post:DLA Piper hires DibbsBarker partner – Australasian Lawyer

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R3 responds to April 2025 insolvency statistics – NationalWorld
May 22, 2025
NCLT adjourns Bhushan Power & Steel insolvency case hearing to May 26
May 22, 2025
Aussie brides await delivery of gowns as luxury bridal brand enters administration – The North West Star
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One of Australia's largest dealers enters bankruptcy protection – Powersports Business
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