Pact Services Group collapses: All staff sacked and millions owed to suppliers

7 months ago 17

By Eliza Mcphee For Daily Mail Australia

Published: 21:39 EDT, 13 June 2024 | Updated: 21:55 EDT, 13 June 2024

A institution that owned a drawstring of aerial conditioning and heating businesses has collapsed, owing up to $2million and leaving unit jobless.

Pact Services Group fell into liquidation connected March 20, with its companies Pact Heating and Cooling, Pact Commercial, Pact Home Solutions, Pact Solar, Pact Service and North East Heating, Cooling and Solar each closing up shop. 

Pact Services Group owes much than $2million to astatine slightest 100 creditors successful total, news.com.au reported.

One erstwhile unit subordinate told the work he'd been sacked connected the spot erstwhile the institution entered liquidation and said employees had been near 'high and adust without wages and superannuation'. 

Jason Stone and Paul Allan of restructuring steadfast PKF person been appointed liquidators. 

The company, which had its office successful Dandenong successful Melbourne's southeast, offered operation and attraction services successful air-conditioning, electrical, plumbing and star successful commercialized and home settings.

The Australian Taxation Office, banks, staff, suppliers and landlords person each been listed arsenic creditors. 

More to come 

Article From: www.dailymail.co.uk
Read Entire Article



Note:

We invite you to explore our website, engage with our content, and become part of our community. Thank you for trusting us as your go-to destination for news that matters.

Certain articles, images, or other media on this website may be sourced from external contributors, agencies, or organizations. In such cases, we make every effort to provide proper attribution, acknowledging the original source of the content.

If you believe that your copyrighted work has been used on our site in a way that constitutes copyright infringement, please contact us promptly. We are committed to addressing and rectifying any such instances

To remove this article:
Removal Request