Australian jewellery retailer Secrets Shhh has been placed into administration, with a sales process underway in order to find a potential buyer.

Kate Warwick, Kelly Trenfield and John Park of FTI Consulting were appointed as joint and several administrators of the retailer’s parent company, Secrets International Pty Ltd, on Wednesday.

Secrets International and its other subsidiaries – including Secrets Wholesale, Secrets Shhh Leasing, Secrets Shhh Franchising, Secrets Shhh Retail Leasing, Secrets Online, Simudia and Secrets Leasing – are all subject to the voluntary administration.

Secrets Shhh is known for its affordable jewellery range as an alternative to luxury items – selling sustainably-sourced, laboratory grown and…

William Hill owner Evoke has said it could be sold after launching a review, as the gambling giant prepares to be hit hard by Budget changes to gambling taxes.

The company, which also owns 888, said its directors are undertaking a review of strategic options, “including but not limited to a potential sale of the group”.

It added that the sale of some of its assets or business units is also an option.

The company said the potential sale follows an update on the day of the autumn Budget last month, when Labour announced plans to increase gambling taxes.

Debt-laden Evoke had said changes to online gaming duties and a new online sports betting tax would see its duty costs rise by up to £135 million a year from 2027.

In the Budget, the…

Key Points from the Announcement

• Keppel Ltd. has officially placed three of its wholly-owned subsidiaries under members’ voluntary liquidation.
• The affected entities are:
  • Keppel Enterprise FinHub Pte. Ltd.
  • Keppel Enterprise Services Pte. Ltd.
  • Keppel People Services Pte. Ltd.
• This corporate action was disclosed on 10 December 2025.

Details for Shareholders and Investors

• The companies involved are all wholly-owned subsidiaries of Keppel Ltd., indicating that the parent company holds 100% of their shares.
• The process is a members’ voluntary liquidation, which typically means it is a solvent winding-up where assets will be distributed to shareholders after liabilities are settled.
• Keppel Ltd. has clarified that…

Gandhinagar, Dec 10 (KNN) The National Company Law Tribunal (NCLT), Ahmedabad, has held that an insolvency application cannot be dismissed merely on allegations of fraud or malicious intent unless supported by clear and cogent evidence.

Section 65 Requires Proof of Mala Fides

While admitting insolvency proceedings against Turnrest Resources, the NCLT held that Section 65 of the Insolvency and Bankruptcy Code (IBC) applies only when fraud or mala fides are proven with evidence, not mere allegations.

Case Background

The proceedings arose from a petition filed by HDFC Bank Ltd on July 11, 2025, seeking initiation of the Corporate Insolvency Resolution Process (CIRP) against Turnrest Resources for a default of Rs 30.5…

[SINGAPORE] Asset manager Keppel said on Wednesday (Dec 10) that three of its wholly owned subsidiaries – Keppel Enterprise FinHub, Keppel Enterprise Services, and Keppel People Services – have been placed under members’ voluntary liquidation.

The Business Times has reached out to Keppel for comment on this matter.

The liquidation of the subsidiaries is not expected to have any material impact on the net tangible assets or earnings per share of the company for the financial year ending Dec 31, 2025.

Shares of Keppel ended Wednesday 0.4 per cent or S$0.04 lower at S$10.11.

Eurallumina’s continuity guaranteed for at least the first six months of 2026 with 9.6 million euros.

This was announced by the Ministers of Enterprise and Labor, Adolfo Urso and Marina Calderone, at the meeting convened at the Ministry of Enterprise and Made in Italy to discuss the company’s future.

“We supported the need to ensure Euroallumina’s production continuity, given the company’s desire to resume operations once the assets are released. We can confirm that the Financial Security Committee (the body responsible, among other things, for the implementation of international sanctions) shared this position,” the government officials stated.

According to reports, the State Property Agency has already formalized its request for funds…

Longstanding Australian transport operator Ron Crouch Transport has entered voluntary administration.

The business first served a client in 1978 after being founded by Ron and Beverley Crouch, offering transport and storage solutions.

Over 45 years, Ron Crouch Transport has specialised in general and dangerous goods freight, warehousing and third party logistics.

The sad news was confirmed by executive director Geoff Crouch in a social media post.

“It is with the heaviest of hearts that I have had to take the necessary action of placing Ron Crouch Transport under the control of a voluntary administrator,” he says.

“For the purposes of clarity and to ensure facts are not misrepresented, I stress that this is a voluntary…