Excom enters liquidation

 

Dye and Company appointed to wind up company.

Insolvency specialists Dye and Company have been appointed as liquidators for IT education provider Excom Education.

According to documents filed with the Australian Securities and Investment Commission (ASIC) today, Roger Grant, Victor Dye and Nicholas Giasoumi of Melbourne-based Dye & Co were appointed liquidators after a meeting in which the two directors and founders of Excom, Sydney-based Graeme Newey and Melbourne-based Paul Koukounaras, agreed to wind up the company.

Related

The Commonwealth Bank of Australia was listed as a chargee (mortgagee) of the company. Also listed was CBFC Ltd, a fleet car financing company wholly owned by the CBA.

Excom closed its doors to students early this morning. The company's management has informed vendor partners and staff, but at this stage has not returned calls from reporters.

Rival training companies including Dimension Data Learning Solutions and Advanced Training have offered students opportunities to finish courses at their institutions.


Copyright © iTnews.com.au . All rights reserved.


Excom enters liquidation
 
 
 
Top Stories
Beyond ACORN: Cracking the infosec skills nut
[Blog post] Could the Government's cybercrime focus be a catalyst for change?
 
The iTnews Benchmark Awards
Meet the best of the best.
 
Telstra hands over copper, HFC in new $11bn NBN deal
Value of 2011 deal remains intact.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest articles on BIT Latest Articles from BIT
Xero prepares for key feature coming in 2015
Dec 19, 2014
Xero users will be able to track how their business is comparing to other Xero users.
More 4G from Optus in Darwin
Nov 21, 2014
Click to see where Optus has expanded coverage to the suburbs near Darwin.
Optus steps up regional 4G coverage
Nov 20, 2014
Once 700Mhz services are working, Optus claims regional users will have a "faster and more ...
This Huawei 4G phone costs $99
Nov 12, 2014
The $99 Huawei Ascend Y550, available through Vodafone, enters the budget market as one of the ...
4G smartphones: Microsoft's Lumia 830
Nov 7, 2014
Microsoft has announced its flagship Windows Phone, the Nokia Lumia 830 4G, will be available in ...
Latest Comments
Polls
Who do you trust most to protect your private data?







   |   View results
Your bank
  39%
 
Your insurance company
  3%
 
A technology company (Google, Facebook et al)
  8%
 
Your telco, ISP or utility
  7%
 
A retailer (Coles, Woolworths et al)
  2%
 
A Federal Government agency (ATO, Centrelink etc)
  20%
 
An Australian law enforcement agency (AFP, ASIO et al)
  14%
 
A State Government agency (Health dept, etc)
  6%
TOTAL VOTES: 1785

Vote
Do you support the abolition of the Office of the Information Commissioner?