Australia, July 17 -- "COLE EQUIPMENT", "PEDERICK ENGINEERING DARKAN W.A." AND "SHERWELL SILOS W.A." (Pederick Engineering Pty. Ltd.) (ACN: 629 985 459) has issued an insolvency 'notice of meeting of eligible employee creditors.'
Status: Administrators Appointed
Appointment Date: June 20
Meeting Details: "Notice is given that a meeting of the eligible employee creditors of the Company, or a meeting for each of the Companies, (for multiple companies), will be held:
Location: Virtual Meeting Only
Meeting date: 25 July 2025
Meeting time: 10:00 AM (AWST)."
The agenda of the meeting is: "Agenda items are:
- To consider the Administrators report in relation to the eligible employee creditors and the Companys affairs and any other matters relating to the Companys future.
- To resolve that the priorities provided by Sections -- -0 and --in respect of eligible employee creditors will be subject to the following variation
That eligible employee creditors will not participate in a distribution of funds by the Deed Administrators, with all pre-appointment employee entitlements to be paid by the Company in the ordinary course of business after the execution of the DOCA."
The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/Pederick-Engineering-Pty-Ltd-629985459/207070c1-c9c2-4d5b-b32b-ad4e7b21319f
NOTE: This information has been taken from the Australian Securities and Investment Commission's website.
Disclaimer: Curated by HT Syndication.
