After months of uncertainty about the future of the company and its hundreds of creditors, a major Gold Coast building company has been wound up and placed into liquidation.
Kathleen Skene Follow less than 2 min read November 7, 2023 - 8:20PM Gold Coast Bulletin
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After months of uncertainty, Gold Coast building company GCB Constructions has been wound up and placed into liquidation.
GCB owed more than $47m to suppliers, subcontractors, lenders, staff and the tax office when it went into voluntary administration on July 24, according to liquidators David Stimpson and Adam Kersey of SV Partners.
Construction of more than 500 apartments were left in limbo in the collapse.
Creditors rejected a last-ditch bid from GCB managing director Trent Clark to keep control of the family company via a..
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