OCV octaviar limited

but where is my dollar?

  1. 7,867 Posts.
    Yeps, Business as usual; Litigation after Litigation
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    G8 is also waiting on a judgment in the ACT Supreme Court where it faces action over a decision not to proceed with the purchase of two ACT childcare centres in 2008.

    CITY BEAT: Gr8 career move

    The plaintiff is seeking an order that G8 pay $3.9 million, the price for which G8 contracted to buy the two leasehold centres.

    G8 also said closure of a financial deal with the Singapore-based Cherie Hearts group was pending.

    G8 was the winner in a long-running court stoush with Cherie Hearts over a deal to buy a number of centres in Singapore.

    After Cherie Hearts refused to complete the deal, G8 called in the $4 million it was owed, which saw the Singapore company placed in receivership.

    http://www.couriermail.com.au/business/childcare-operator-g8-education-lifts-profits/story-fnihsps3-1226700813364
 
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