Deloitte Australia has backed a proposal by Probuild’s South Africa parent company to pool its commitments ensuring smaller creditors receive between 50 cents and 71 cents and other creditors between ...
Deloitte Australia said 18 companies with WBHO Australia Group (WBHOA), which includes three construction and project management businesses of Probuild, Monaco Hickey were placed into administration ...
A total of 18 building businesses, including one of Australia’s major construction companies Probuild, have collapsed after their South African parent company pulled all its financial support.
However, the total amount owed overall by the company has yet to be revealed by administrators Deloitte, as they grapple with a number of issues, while 300 creditors were only uncovered on Tuesday.
A material bidding error on major a Victorian infrastructure project was a major reason behind the collapse of construction giant Probuild. A Deloitte report to ...
Add articles to your saved list and come back to them any time. More than $5 billion worth of major building projects in Victoria will stall for weeks if not months after construction giant Probuild ...
Don't miss out on the headlines from QLD News. Followed categories will be added to My News. A Deloitte report to creditors of WBHO Infrastructure (WBHOI) obtained by The Australian pinpointed the ...