Wednesday, 11 February 2009

Parramatta. Wincrest still invoicing

The Parramatta-based family-owned, Wincrest Homes, is still invoicing customers after the company was placed in voluntary liquidation, in December, ceasing the construction of 130 homes. Creditors were told this at a meeting at the Crowne Plaza.
Administrator, Bruce Gleeson, of Jones Partners, told the meeting the company's directors were developing a proposal to contunie trading. Mr Gleeson will meet creditors again on March 3 to continue trading or go into liquidation. The company has debts of $12 million