Interest in 'insolvent' Supie's assets not enough to stop liquidation vote

Interest in 'insolvent' Supie's assets not enough to stop liquidation vote
Supie founder Sarah Balle. (Image: Supplied)
Riley Kennedy
The administrators of Supie have been approached by “various parties” showing interest in different aspects of the business, with those owed money having to vote on the online grocer’s future on Thursday.But given the state of the group's finances and no plan put forward to save it, it's almost certainly heading to liquidation.Supie was put into voluntary administration by its founder, Sarah Balle, early last week after the underwriter of its $3 million capital raise got cold feet and pulled out.LiquidationIts dem...

More Finance

ANZ admits 'unacceptable failure' as bond probe continues
Finance

ANZ admits 'unacceptable failure' as bond probe continues

Regulator is investigating the bank over its bond turnover data.

AAP 25 Jul 2024
ComCom will try to bring down PayWave, credit card surcharges
Finance

ComCom will try to bring down PayWave, credit card surcharges

Card industry tried to regulate itself, Govt has tried, now it is ComCom's turn.

Staff reporters 23 Jul 2024
Massive cyber outage cripples banks and other organisations worldwide
Finance

Massive cyber outage cripples banks and other organisations worldwide

A major cybersecurity outage has taken out computer-reliant services

Dileepa Fonseka 19 Jul 2024