Australia, June 7 -- Centrex Ltd. and Agriflex Pty. Ltd. (ACN: 096 298 752 and 132 019 357) have issued an insolvency 'notice of resumed meeting of creditors.'

Status: Administrators Appointed

Appointment Date: March 03

Meeting Details: "Notice is given that a resumed meeting of the creditors of the Company, or a resumed meeting for each of the Companies, (for multiple companies), will be held:

Location: Virtually, via Teams

Meeting date: 16 June 2025

Meeting time: 02:00PM AEST."

The agenda of the meeting is: "Agenda items are:

- The purpose of the meeting is:

a. To review the supplementary report of the Administrators and their recommendation in connection with the business, property, affairs and financial circumstances of the Companies; and

b. For the creditors of the Companies to consider and/or resolve:

i. That the Companies execute a Deed of Company Arrangement ("DOCA"); or

ii. That the Administration of the Companies should end; or

iii. That the Companies be wound up.

- Creditors will be requested to fix the remuneration to be paid to the Administrators, as calculated on a time basis for the period -March -- to -June -- (inclusive);

- Creditors will be requested to fix the remuneration to be paid to the Administrators, as calculated on a time basis for the period -June -- to the conclusion of the Voluntary Administration (inclusive);

- If the Companies enter into a DOCA, the Deed Administrators will seek to have creditors resolve to fix the remuneration of the Deed Administrators for the period from the execution of the DOCA to effectuation of the DOCA (inclusive).

- If the Companies are placed into liquidation, the Liquidators will seek to have creditors resolve whether to appoint a Committee of Inspection and if required, to determine the members.

- Any other business properly brought before the meeting."

The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/Centrex-Limited-096298752/445dc675-25b9-480d-aa3a-39764ec13690

NOTE: This information has been taken from the Australian Securities and Investment Commission's website.

Disclaimer: Curated by HT Syndication.