Excom enters liquidation

By Brett Winterford on Aug 25, 2010 5:14 PM
Filed under Training & Development

Dye and Company appointed to wind up company.

Insolvency specialists Dye and Company have been appointed as liquidators for IT education provider Excom Education.

According to documents filed with the Australian Securities and Investment Commission (ASIC) today, Roger Grant, Victor Dye and Nicholas Giasoumi of Melbourne-based Dye & Co were appointed liquidators after a meeting in which the two directors and founders of Excom, Sydney-based Graeme Newey and Melbourne-based Paul Koukounaras, agreed to wind up the company.

Related

The Commonwealth Bank of Australia was listed as a chargee (mortgagee) of the company. Also listed was CBFC Ltd, a fleet car financing company wholly owned by the CBA.

Excom closed its doors to students early this morning. The company's management has informed vendor partners and staff, but at this stage has not returned calls from reporters.

Rival training companies including Dimension Data Learning Solutions and Advanced Training have offered students opportunities to finish courses at their institutions.


 
Follow us on Facebook and Twitter
 

Copyright © iTnews.com.au . All rights reserved.

Excom enters liquidation
 
 
 
 
 
Top Stories
The 20 most influential people in tech of 2014
Who's turning the industry upside down?
 
Officeworks cracks earnings milestone
But expects unpredictable conditions ahead.
 
Strong Vita Group earnings marred by Apple business
Lack of new iPhone hurts Next Byte.
 
Sign up to receive CRN email bulletins
   FOLLOW US...
Polls
As a reseller, rebates and discounts are...


Latest Comments
CRN Magazine

Issue: 329 | July 2014

CRN Magazine looks in-depth at the emerging issues and developments for the channel, and provides insight, analysis and strategic information to help resellers better run their businesses.