AWS australian waterwise solutions ltd

everyones awfully quiet, page-3

  1. 298 Posts.
    I rang the administrators his name was Tom Burch.
    He told me that a creditors report should be out in about mid June but given the size of AWS it’s going to take some time so they will look for a court order for an extension of time for about 45 days to allow time to restructure and sell the business. When the report comes out, they will detail their investigations and the reasons for failure and what will happen in the future.

    Someone asked if the business is still open. He said, yes all of AWS’s shops are open for trade. (which is a plus). He also said that it’s a bit too early to determine the out come as yet. They are currently doing a stock take and will be finalised by the weeks end.

    He said that there was plenty of interest but they wish to gather all findings and prepare documentation for a formal offer of sale to interested parties.

    Let’s hope for some leftovers. WOOF
 
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