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.

Promo

Excom enters liquidation
 
 
 
 
 
Top Stories
Debts tip $20m at failed point-of-sale distributor
As Mecari’s assets sold to another distie.
 
Brocade, AWS chiefs cycling from Adelaide to Darwin
Michelle Bridges helps team raise $250,000 for charity.
 
Five tech leaders without a degree
Execs show university isn’t always necessary.
 
Sign up to receive CRN email bulletins
   FOLLOW US...
Polls
Which device are you more excited about?

Latest Comments
CRN Magazine

Issue: 341 | August 2015

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.