SBB had no Australian assets. Chinese law prohibits any investigation in China. So nothing will ever be announced.
SBB was little more than a HK shell company selling knockoff clothing in third tier Chinese cities. It is almost certain the money, most of the the stores and the fancy HQ never existed.
The AFR said (cryptically) it was a scam in 2015
https://www.copyright link/companies/retail/sunbridge-group-investors-are-owed-some-dividends-20150205-136lui
Add to My Watchlist
What is My Watchlist?