Home | Business News | Browse by Publication | A | AsiaPulse News

AUST TIMBER, CATTLE CO GREAT SOUTHERN PLACED IN RECEIVERSHIP.

Publication: AsiaPulse News
Publication Date: 19-MAY-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
MELBOURNE, May 19 Asia Pulse - Receivers have been appointed to timber plantation and cattle project manager Great Southern Ltd (ASX:GTP) with its debts now believed to be up to $A850 million ($US649.66 million).

McGrathNicol said on Tuesday it had been appointed receiver of Great Southern and certain subsidiaries of the company by a security trustee on behalf of a group of secured creditors.

The secured creditors are believed to be a group of banks: ANZ, Commonwealth Bank, Bankwest...



More articles from AsiaPulse News
PAKISTAN ROADS IN BALOCHISTAN A PRIORITY, SAYS ARBAB., May 19, 2009
KARACHI SHIPPING AGENCIES INFLICT UNDUE CHARGES: INDUSTRY BODY., May 19, 2009
CAMBODIAN RULING PARTY WINS MAJORITY IN LOCAL ELECTION., May 19, 2009
CHINA'S NINGXIA REGION MAINTAINS MOMENTUM DESPITE ECONOMIC CRISIS., May 19, 2009
S KOREA QUARANTINES JAPANESE TOURIST FOR POSSIBLE FLU INFECTION., May 19, 2009

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.